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Berry Global (BERY) Reports Q1 Earnings: What Key Metrics Have to Say
Berry Berry (US:BERY) ZACKSยท2025-02-04 17:00

Core Insights - Berry Global reported $2.39 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 16.4% [1] - The EPS for the same period was $1.09, down from $1.22 a year ago, but exceeded the consensus estimate of $1.00 by 9% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $2.34 billion by 1.91% [1] Financial Performance Metrics - Net Sales in Consumer Packaging - International reached $885 million, exceeding the estimated $869.22 million, but down 3.5% year-over-year [4] - Net Sales in Flexibles amounted to $731 million, surpassing the estimated $679.36 million [4] - Net Sales in Consumer Packaging - North America was $769 million, exceeding the estimated $697.44 million, representing a 10% increase year-over-year [4] - Operating EBITDA for Flexibles was $114 million, above the average estimate of $103.04 million [4] - Operating EBITDA for Consumer Packaging - North America was $133 million, exceeding the estimated $123.40 million [4] - Operating EBITDA for Consumer Packaging - International reached $131 million, surpassing the average estimate of $123.44 million [4] Stock Performance - Shares of Berry Global have returned +2.6% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]