Berry Global's Q4 Earnings Top Estimates, Sales Increase Y/Y

Berry Global Group, Inc. (BERY) reported fourth-quarter fiscal 2024 (ended September 2024) adjusted earnings of $2.27 per share, which beat the Zacks Consensus Estimate of$2.25. 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%.BERY’s Segmental DiscussionBerry Global announced its plan to go for a tax-free spin-off and merge ...