Berry Global Group Reports Q1 Miss, Provides 2022 Outlook

• Berry Global Group, Inc. (NYSE:BERY) is set to release its quarterly earnings with an anticipated EPS of $1 and projected revenue of $2.35 billion.
• The company has opted out of its usual quarterly conference call in favor of an earnings release and supplemental presentation on its website, following a transaction with Amcor.
• Key financial metrics reveal a P/E ratio of 14.84, a price-to-sales ratio of 0.63, and a debt-to-equity ratio of 2.45, highlighting its market valuation, performance, and financial health.

Berry Global Group, Inc. (NYSE:BERY) is a prominent player in the packaging industry, known for its innovative solutions and commitment to sustainability. The company serves a diverse range of customers worldwide, leveraging its global capabilities. As it prepares to release its quarterly earnings on February 4, 2025, investors are keenly watching the anticipated earnings per share (EPS) of $1 and projected revenue of $2.35 billion.

Berry Global's decision to forego its usual quarterly conference call, due to a transaction with Amcor announced in November 2024, marks a shift in its communication strategy. Instead, the company will provide an earnings release and a supplemental presentation on its website. This approach allows stakeholders to access detailed financial information without the traditional call format.

The company's financial metrics offer insights into its market valuation and performance. With a price-to-earnings (P/E) ratio of 14.84, investors are willing to pay $14.84 for every dollar of earnings. This is complemented by a price-to-sales ratio of 0.63, indicating a relatively low valuation compared to its sales. The enterprise value to sales ratio of 1.26 further reflects Berry Global's total valuation in relation to its revenue.

Berry Global's financial health is also highlighted by its enterprise value to operating cash flow ratio of 11.02, which provides insight into its cash flow generation relative to its valuation. An earnings yield of 6.74% suggests a solid return on investment based on its earnings. However, the debt-to-equity ratio of 2.45 indicates a higher level of debt compared to equity, which is a point of consideration for investors.

Lastly, the company's current ratio of 1.25 suggests a reasonable level of liquidity, indicating that Berry Global has sufficient assets to cover its short-term liabilities. This financial stability, combined with its innovative packaging solutions and global reach, positions Berry Global as a significant player in the packaging industry.

• Berry Global Group, Inc. (NYSE:BERY) is set to release its quarterly earnings with an anticipated EPS of $1 and projected revenue of $2.35 billion.
• The company has opted out of its usual quarterly conference call in favor of an earnings release and supplemental presentation on its website, following a transaction with Amcor.
• Key financial metrics reveal a P/E ratio of 14.84, a price-to-sales ratio of 0.63, and a debt-to-equity ratio of 2.45, highlighting its market valuation, performance, and financial health.

Berry Global Group, Inc. (NYSE:BERY) is a prominent player in the packaging industry, known for its innovative solutions and commitment to sustainability. The company serves a diverse range of customers worldwide, leveraging its global capabilities. As it prepares to release its quarterly earnings on February 4, 2025, investors are keenly watching the anticipated earnings per share (EPS) of $1 and projected revenue of $2.35 billion.

Berry Global's decision to forego its usual quarterly conference call, due to a transaction with Amcor announced in November 2024, marks a shift in its communication strategy. Instead, the company will provide an earnings release and a supplemental presentation on its website. This approach allows stakeholders to access detailed financial information without the traditional call format.

The company's financial metrics offer insights into its market valuation and performance. With a price-to-earnings (P/E) ratio of 14.84, investors are willing to pay $14.84 for every dollar of earnings. This is complemented by a price-to-sales ratio of 0.63, indicating a relatively low valuation compared to its sales. The enterprise value to sales ratio of 1.26 further reflects Berry Global's total valuation in relation to its revenue.

Berry Global's financial health is also highlighted by its enterprise value to operating cash flow ratio of 11.02, which provides insight into its cash flow generation relative to its valuation. An earnings yield of 6.74% suggests a solid return on investment based on its earnings. However, the debt-to-equity ratio of 2.45 indicates a higher level of debt compared to equity, which is a point of consideration for investors.

Lastly, the company's current ratio of 1.25 suggests a reasonable level of liquidity, indicating that Berry Global has sufficient assets to cover its short-term liabilities. This financial stability, combined with its innovative packaging solutions and global reach, positions Berry Global as a significant player in the packaging industry.

Berry Global Group (NYSE:BERY) reported its Q4 results, with EPS of $2.19 coming in better than the Street estimate of $2.15. Revenue was $3.4 billion, compared to the Street estimate of $3.65 billion.

While the results were mixed, analysts at Deutsche Bank believe it was likely in line with lowered investor expectations. As a positive, the company continues to return capital to shareholders and initiated a quarterly dividend of $0.25 for an annualized yield of just under 2%. On top of this, $600 million of share repurchases are expected for fiscal 2023, which follows the $709 million repurchased this past fiscal year.

The company provided its 2023 outlook, expecting EPS to be in the range of $7.30-$7.80, compared to the Street estimate of $7.35.

Berry Global Group (NYSE:BERY) reported its Q4 results, with EPS of $2.19 coming in better than the Street estimate of $2.15. Revenue was $3.4 billion, compared to the Street estimate of $3.65 billion.

While the results were mixed, analysts at Deutsche Bank believe it was likely in line with lowered investor expectations. As a positive, the company continues to return capital to shareholders and initiated a quarterly dividend of $0.25 for an annualized yield of just under 2%. On top of this, $600 million of share repurchases are expected for fiscal 2023, which follows the $709 million repurchased this past fiscal year.

The company provided its 2023 outlook, expecting EPS to be in the range of $7.30-$7.80, compared to the Street estimate of $7.35.

Berry Global Group (NYSE:BERY) reported its Q4 results, with EPS of $2.19 coming in better than the Street estimate of $2.15. Revenue was $3.4 billion, compared to the Street estimate of $3.65 billion.

While the results were mixed, analysts at Deutsche Bank believe it was likely in line with lowered investor expectations. As a positive, the company continues to return capital to shareholders and initiated a quarterly dividend of $0.25 for an annualized yield of just under 2%. On top of this, $600 million of share repurchases are expected for fiscal 2023, which follows the $709 million repurchased this past fiscal year.

The company provided its 2023 outlook, expecting EPS to be in the range of $7.30-$7.80, compared to the Street estimate of $7.35.

Berry Global Group, Inc. (NYSE:BERY) reported its Q1 results, with adjusted EPS coming in at $1.25, which is below the consensus estimate of $1.33. Adjusted EBITDA was $457 million, missing the consensus estimate of $493 million.

Quarterly results were affected by a $41 million price/cost headwind due to input cost inflation and Covid related supply chain/ logistics headwinds. Volumes declined by 4% but sales increased around 14% year-over-year to $3.57 billion.

Analysts at RBC Capital lowered their price target to $81 from $84 and F22 EBITDA estimate to $2.25 billion from $2.3 billion on near-term price/cost headwinds. The analysts believe price/cost should turn positive in H2/22 driven by moderating inflationary cost pressures and volume growth.

The company provided its 2022 outlook, reaffirming its 2022 adjusted EPS guidance of $7.20-$7.70 (vs. Street’s $7.35) and FCF guidance of $900 million-$1 billion.