Berry Global Group is a leading provider of innovative packaging and protective solutions, specializing in a diverse range of products such as containers, films, and other materials designed for various industries including consumer goods, healthcare, and industrial sectors. The company focuses on sustainability and environmental responsibility, developing recyclable and reusable packaging options to meet the growing demand for eco-friendly products. With a global footprint, Berry Global leverages advanced technology and manufacturing capabilities to deliver customized solutions that meet the specific needs of its clients while enhancing the overall consumer experience.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how industrial packaging stocks fared in Q3, starting with Berry Global Group (NYSEBERY).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how industrial packaging stocks fared in Q3, starting with Ball (NYSEBALL).
Berry Global Group has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 9.9% to $66.66 per share while the index has gained 10.3%.
Plastic packaging and engineered materials manufacturer Berry Global Group (NYSEBERY) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 2.6% year on year to $3.17 billion. Its non-GAAP profit of $2.27 per share was 1% above analysts’ consensus estimates.
Plastic packaging and engineered materials manufacturer Berry Global Group (NYSEBERY) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 2.6% year on year to $3.17 billion. Its non-GAAP profit of $2.27 per share was 1% above analysts’ consensus estimates.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Companies Reporting Before The Bell • Madison Square Garden (NYSEMSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
As of Nov. 22, 2023, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
