Berry Global's Q4 Earnings Top Estimates, Sales Increase Y/Y [Yahoo! Finance]
Berry Global Group, Inc. (BERY)
Last berry global group, inc. earnings: 5/1 07:30 am
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ir.berryglobal.com
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Source: Yahoo! Finance
The bottom line decreased 0.9% year over year. Net sales of $3.16 billion beat the consensus estimate of $3.15 billion. The top line increased 3% year over year, primarily driven by higher selling prices and organic volume growth of 1%. Berry Global announced its plan to go for a tax-free spin-off and merge the majority of its Health, Hygiene and Specialties segment (comprising the global nonwovens and films business) with Glatfelter Corporation. With this announcement and its focus on driving a positive product mix within the Engineered Materials segment into higher value products, BERY renamed the unit Flexibles. Consumer Packaging - International net sales amounted to $999 million (accounting for 31.5% of total sales), in line with the year-ago quarter's figure. Our estimate for segmental sales was $977.3 million. Higher selling prices and organic volume growth of 1%, driven by improvement in the industrial markets, have aided the segment's results. Operating income of $72 mi
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BERY
Earnings
- 11/19/24 - Beat
BERY
Sec Filings
- 11/21/24 - Form 425
- 11/21/24 - Form 425
- 11/21/24 - Form 425
- BERY's page on the SEC website