• Berry Global Group Inc BERY.N reported quarterly adjusted earnings of $1.09​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of twelve analysts for the quarter was for earnings of 97 cents per share. Wall Street expected results to range from 90 cents to $1.12 per share.

• Revenue fell 16.4% to $2.39 billion from a year ago; analysts expected $2.34 billion.

• The company reported quarterly net income of $14 million.

• Berry Global Group Inc shares had risen by 3.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.3% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "hold"

Wall Street's median 12-month price target for Berry Global Group Inc is $75.00

This summary was machine generated from LSEG data February 4 at 03:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)