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

Reynolds Consumer Products (NASDAQ:REYN) issued its quarterly earnings data on Wednesday. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02, FiscalAI reports. The company had revenue of $944.00 million during the quarter, compared to analyst estimates of $935.46 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.Reynolds Consumer Products’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous 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 Price Performance

NASDAQ:REYN traded up $0.09 on Wednesday, reaching $25.90. 564,801 shares of the company’s stock traded hands, compared to its average volume of 1,117,287. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68. The stock has a 50-day simple moving average of $24.44 and a 200-day simple moving average of $23.14. The firm has a market cap of $5.46 billion, a PE ratio of 16.51 and a beta of 0.54. Reynolds Consumer Products has a 12 month low of $20.44 and a 12 month high of $27.32.

Reynolds Consumer Products Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 3.6%. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 58.60%.

Hedge Funds Weigh In On Reynolds Consumer Products

A number of hedge funds have recently made changes to their positions in REYN. AQR Capital Management LLC grew its position in shares of Reynolds Consumer Products by 163.3% during the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after purchasing an additional 3,071,015 shares in the last quarter. Jane Street Group LLC lifted its holdings in Reynolds Consumer Products by 858.3% in the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after purchasing an additional 1,079,116 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Reynolds Consumer Products by 3,783.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock worth $18,352,000 after purchasing an additional 730,670 shares during the period. Dimensional Fund Advisors LP boosted its stake in Reynolds Consumer Products by 17.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock worth $101,426,000 after purchasing an additional 649,120 shares during the period. Finally, Norges Bank purchased a new stake in Reynolds Consumer Products during the 4th quarter valued at approximately $12,806,000. Institutional investors own 26.81% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on REYN. Zacks Research upgraded shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Royal Bank Of Canada set a $24.00 target price on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a research report on Thursday, April 9th. UBS Group upped their target price on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. increased their price target on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, Barclays boosted their price objective on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $25.40.

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.