Ranpak Holdings Corp (NYSE:PACK) is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share.
For the full year, analysts predict revenues of $ 280.07 million, while looking forward to loss of $ 0.14 per share.
Previous Quarter Performance
Ranpak Holdings Corp unfold loss for the second quarter of $ 0.12 per share, from the revenue of $ 66.10 million. Wall street analysts are predicting, PACK to report 2Q20 loss of $ 0.05 per share from revenue of $ 63.19 million. The bottom line results missed street analysts by $ 0.07 or 140 percent, at the same time, top line results outshined analysts by $ 2.91 million or 4.61 percent.
Stock Performance
Shares of Ranpak Holdings Corp traded up $ 0.33 or 3.77 percent on Thursday, reaching $ 9.08 with volume of 115.80 thousand shares. Ranpak Holdings Corp has traded high as $ 9.21 and has cracked $ 8.69 on the downward trend
According to the previous trading day, closing price of $ 9.08, representing a 53.51 % increase from the 52 week low of $ 5.70 and a 24.31 % decrease over the 52 week high of $ 11.56.
The company has a market capital of $ 685.34 million and is part of the Industrials sector and Conglomerates industry.
Ranpak Holdings Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination with one or more businesses. It focuses on consumer products related businesses with a focus on companies in consumer products or services; food and beverages; and related manufacturing or industrial services categories in North America or Western Europe.
