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Jul 01, 2023
Berry Plastics Q3 2023 Earnings Report
Berry reported third quarter 2023 results, with adjusted EPS growth driven by cost improvements amidst volume decline.
Key Takeaways
Berry Global Group reported net sales of $3.2 billion and operating income of $267 million. The company's adjusted earnings per share was $1.90. Berry continues to prioritize structural cost improvements and enhance operating efficiencies.
Net sales of $3.2 billion reported.
Operating income of $267 million reported.
Earnings per share of $1.18 reported.
Adjusted earnings per share of $1.90 reported.
Revenue by Segment
Forward Guidance
Berry expects a transition to a more normal operating environment with the easing of inflationary pressures on consumers, and they anticipate sequential volume growth improvement across all four segments in the fourth fiscal quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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