Reynolds Consumer Products (NASDAQ:REYN) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Reynolds Consumer Products (NASDAQ:REYN) released its quarterly earnings data on Wednesday. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02, FiscalAI reports. The company had revenue of $944.00 million for the quarter, compared to analyst estimates of $935.46 million. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.The firm’s revenue was up .6% compared to the same quarter last year. During the same period last year, the company posted $0.39 earnings per share. Reynolds Consumer Products updated its Q3 2026 guidance to 0.370-0.390 EPS and its FY 2026 guidance to 1.570-1.630 EPS.

Here are the key takeaways from Reynolds Consumer Products’ conference call:

• First-half performance strengthened: Adjusted EBITDA rose 8% to $302 million, adjusted EPS increased 7% in Q2 to $0.42, gross profit expanded by $38 million, and operating cash flow reached $173 million.
• The company raised its full-year revenue outlook to 1%–3% growth, citing higher pricing and retail volume outperformance, while maintaining adjusted EBITDA guidance of $660 million–$675 million and adjusted EPS guidance of $1.57–$1.63.
• Hefty Waste & Clean-Up and Storage & Organization posted distribution gains, while branded waste bags delivered approximately 2% volume and sales growth; Hefty Ultra Strong also ranked among Amazon’s top five products during Prime Day.
• Annualized commodity headwinds are now estimated at approximately $400 million, double the prior estimate, and management expects July pricing actions to pressure second-half margin rates and create demand elasticity.
• Third-quarter adjusted EBITDA is projected at $160 million–$165 million, below the $168 million reported a year earlier, reflecting ongoing macroeconomic uncertainty, promotional intensity, and the effects of further pricing.

Reynolds Consumer Products Stock Down 0.3%

REYN stock traded down $0.07 during midday trading on Friday, hitting $25.19. 91,791 shares of the company’s stock were exchanged, compared to its average volume of 1,121,411. The company has a current ratio of 1.80, a quick ratio of 0.76 and a debt-to-equity ratio of 0.66. Reynolds Consumer Products has a 12-month low of $20.44 and a 12-month high of $27.32. The firm has a 50 day moving average price of $24.59 and a 200-day moving average price of $23.16. The stock has a market capitalization of $5.31 billion, a price-to-earnings ratio of 15.38 and a beta of 0.54.

Reynolds Consumer Products Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, August 17th. Reynolds Consumer Products’s dividend payout ratio (DPR) is 56.10%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in REYN. Royal Bank of Canada grew its holdings in Reynolds Consumer Products by 1.9% during the 1st quarter. Royal Bank of Canada now owns 94,024 shares of the company’s stock worth $2,244,000 after acquiring an additional 1,720 shares in the last quarter. Millennium Management LLC raised its stake in shares of Reynolds Consumer Products by 11.3% in the 1st quarter. Millennium Management LLC now owns 592,459 shares of the company’s stock valued at $14,136,000 after purchasing an additional 60,198 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Reynolds Consumer Products by 60.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company’s stock worth $5,317,000 after purchasing an additional 83,633 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Reynolds Consumer Products by 488.4% during the first quarter. Jane Street Group LLC now owns 125,724 shares of the company’s stock worth $3,000,000 after purchasing an additional 104,357 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Reynolds Consumer Products by 17.5% in the second quarter. JPMorgan Chase & Co. now owns 330,811 shares of the company’s stock worth $7,086,000 after purchasing an additional 49,192 shares in the last quarter. 26.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Canaccord Genuity Group boosted their price target on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday. Piper Sandler raised shares of Reynolds Consumer Products to an “overweight” rating in a research report on Thursday. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Barclays boosted their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada set a $24.00 price target on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Reynolds Consumer Products presently has an average rating of “Hold” and an average target price of $25.60.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.