Ranpak Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Ranpak Holdings (NYSE:PACK) Full Year 2024 Results

Key Financial Results

• Revenue: US$368.9m (up 9.7% from FY 2023).
• Net loss: US$21.5m (loss narrowed by 21% from FY 2023).
• US$0.26 loss per share (improved from US$0.33 loss in FY 2023).

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ranpak Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 35%.

The primary driver behind last 12 months revenue was the Europe/Asia segment contributing a total revenue of US$205.7m (56% of total revenue). Notably, cost of sales worth US$229.1m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$101.0m (63% of total expenses). Explore how PACK's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Packaging industry in the US.

Performance of the American Packaging industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Ranpak Holdings, and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.