Berry (US:BERY) ZACKSยท2025-04-30 13:26Core Viewpoint - Berry Global reported quarterly earnings of $1.55 per share, exceeding the Zacks Consensus Estimate of $1.52 per share, but down from $1.95 per share a year ago, indicating a 20.51% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of $2.52 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.69%, but down from $3.08 billion in the same quarter last year, reflecting a year-over-year revenue decline of 17.99% [2] - Over the last four quarters, Berry Global has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Berry Global shares have increased approximately 4.5% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.75 on revenues of $2.52 billion, and for the current fiscal year, it is $6.21 on revenues of $9.9 billion [7] - The estimate revisions trend for Berry Global is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Containers - Paper and Packaging industry, to which Berry Global belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8]