Ranpak Hldgs (NYSE:PACK) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Ranpak Hldgs missed estimated earnings by 15.38%, reporting an EPS of $-0.15 versus an estimate of $-0.13.
Revenue was down $1.30 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 6.47% drop in the share price the next day.
Here’s a look at Ranpak Hldgs’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.15 | -0.08 | |
| EPS Actual | -0.09 | -0.11 | -0.14 | -0.17 |
| Revenue Estimate | 90.48M | 84.15M | 93.32M | 98.83M |
| Revenue Actual | 79.40M | 77.80M | 86.80M | 82.50M |
To track all earnings releases for Ranpak Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
