Reynolds Consumer Q3 revenue rises 1%, slightly beating estimates

Overview

• US household essentials supplier's Q3 revenue rose 1%, a slight beat versus analyst expectations

• Adjusted net income declined to $83 mln from $88 mln, but remained above analyst expectations

• Company maintained full-year 2026 revenue and adjusted EBITDA outlook

Outlook

• Company maintains 2026 net revenue growth outlook of 1% to 3% over 2025

• Company expects 2026 adjusted EPS of $1.57 to $1.63

• Company reiterates 2026 adjusted EBITDA outlook of $660 mln to $675 mln

Result Drivers

• LOWER RETAIL VOLUMES - Co said 7% lower retail volumes and increased SG&A costs weighed on Q3 profitability

• PRICE INCREASES - Co said price increases helped offset commodity inflation in Cooking & Kitchen Essentials segment

Company press release:

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the household products peer group is "buy."

• Wall Street's median 12-month price target for Reynolds Consumer Products Inc is $25.00, about 3.8% above its November 3 closing price of $24.09

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)