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Stock impact report

Reynolds Consumer Products Inc (REYN) Reports Strong 2023 Financial Results and Positive ... [Yahoo! Finance]

Reynolds Consumer Products Inc. (REYN) 
Company Research Source: Yahoo! Finance
Operating Cash Flow : Reached a record $644 million, compared to $219 million in the previous year. Net Debt Leverage : Improved to 2.7x, down from 3.8x at the end of 2022. Earnings Per Share (EPS) : Increased to $1.42 in 2023, up from $1.23 in 2022. 2024 Outlook : Guides double-digit net income growth with net debt reduction to $1.5 to $1.6 billion by year-end. Warning! GuruFocus has detected 5 Warning Signs with REYN. On February 7, 2024, Reynolds Consumer Products Inc ( NASDAQ:REYN ) released its 8-K filing , detailing a robust financial performance for the fourth quarter and full fiscal year of 2023. The company, a leading provider of household products, operates through segments such as Reynolds Cooking & Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products, offering a range of products from aluminum foil to disposable tableware. 2023 Performance Highlights Despite a challenging economic environment, REYN managed to increase its market share, with Show less Read more
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