Earnings Outlook For Berry Global Gr

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Berry Global Gr BERY is set to give its latest quarterly earnings report on Wednesday, 2024-02-07. Here's what investors need to know before the announcement.

Analysts estimate that Berry Global Gr will report an earnings per share (EPS) of $1.29.

Berry Global Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.17, which was followed by a 0.24% increase in the share price the next day.

Here's a look at Berry Global Gr's past performance and the resulting price change:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 2.11 1.98 1.86 1.28
EPS Actual 2.28 1.90 1.96 1.30
Price Change % 0.24% 5.3% 2.14% -1.67%

Stock Performance

Shares of Berry Global Gr were trading at $64.1 as of February 05. Over the last 52-week period, shares are up 3.23%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Berry Global Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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