LAKE FOREST, Ill. (AP) — LAKE FOREST, Ill. (AP) — Reynolds Consumer Products Inc. (REYN) on Wednesday reported first-quarter profit of $17 million.
On a per-share basis, the Lake Forest, Illinois-based company said it had profit of 8 cents.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.
The company posted revenue of $852 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $846.4 million.
Reynolds Consumer Products expects full-year earnings to be $1.30 to $1.41 per share.
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