Reynolds Consumer Products Reports Fourth Quarter and Full Year 2023 Financial Results; Provides 2024 Outlook
Reynolds Consumer Products Inc. (REYN)
Company Research
Source: Business Wire
2023 Net Income and Adjusted EBITDA Increased 16%Record Fourth Quarter Net Income and Adjusted EBITDA; Increased 28% and 19%Record Operating Cash Flow of $644M; Net Debt Leverage1 Reduced to 2.7xGuides Double-Digit Net Income Growth, Reduction of Net Debt1 to $1.5B to $1.6B at Year End LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.Fiscal Year 2023 HighlightsNet Revenues of $3,756 million vs. $3,817 million in 2022Retail net revenues of $3,559 million vs. $3,549 million in 2022Non-retail net revenues of $197 million vs. $268 million in 2022Net Income of $298 million vs. $258 million in 2022Adjusted EBITDA of $636 million vs. $546 million in 2022Earnings Per Share of $1.42 vs. $1.23 in 2022; Adjusted Earnings Per Share of $1.42 vs. $1.28 in 2022Operating Cash Flow of $644 million vs. $219 million in 2022The Company continued to gain mark
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- Reynolds Consumer Products' (NASDAQ:REYN) Dividend Will Be $0.23 [Yahoo! Finance]Yahoo! Finance
- Reynolds Consumer Products Declares Regular Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Reynolds Consumer Products Declares Regular Quarterly Cash DividendBusiness Wire
- Reynolds Consumer Products to Report First Quarter 2024 Financial Results on May 8, 2024Business Wire
REYN
Earnings
- 2/7/24 - Beat
REYN
Sec Filings
- 4/26/24 - Form 4/A
- 4/25/24 - Form 8-K
- 4/25/24 - Form 4
- REYN's page on the SEC website