NASDAQ$REYN
Reynolds Consumer Products Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reynolds reported fourth quarter and fiscal year 2021 financial results.
Reynolds Consumer Products reported a 15% increase in net revenues for Q4 2021, reaching $1,021 million. Net income was $105 million, a decrease of 6% compared to the previous year, and Adjusted EBITDA was $181 million, down 9% versus last year’s Adjusted EBITDA.
- Net revenues increased 15% driven by pricing to offset increased material costs, strong demand and continued benefits from innovation.
- Net income decreased 6% versus last year’s net income.
- Adjusted EBITDA decreased 9% versus last year’s Adjusted EBITDA as price increases lagged increases in material, labor and logistics costs, partially offset by higher volume and lower SG&A.
- The company expects 9% to 12% revenue growth for fiscal 2022.
Headline financials
Revenue & EPS history
Reynolds · Revenue · Quarterly
$1.02B
Revenue by segment
Reynolds · $1.02B total across 4 segments · Q4 2021
- Reynolds Cooking & Baking$412M+23.0%40.4%
- Hefty Waste & Storage$233M+8.9%22.8%
- Hefty Tableware$232M+12.1%22.7%
- Presto Products$144M+9.1%14.1%
Forward guidance
The Company expects 9% to 12% revenue growth for fiscal 2022, driven primarily by pricing as well as continued strong consumption across our categories, innovation, and retail replenishment.
Tailwinds
- Revenue growth driven primarily by pricing.
- Continued strong consumption across categories.
- Innovation.
- Retail replenishment.
- Stable resin and aluminum rates.
Headwinds
- Cost pressures of nearly $400 million.
- Elasticity remains lower than pre-pandemic rates.
- Staffing disruptions.
- Third-party manufacturing disruptions.
- Logistics related disruptions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-0.7%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-1.1%
Avg return
30 days after
41%
12 / 29 earnings
Positive
+9.6%
Q4 2025
Best reaction
-9.0%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +1.5% | +5.4% | |
| Q4 2025 | +9.6% | +4.5% | +4.1% | |
| Q3 2025 | +5.1% | +3.5% | +5.4% | |
| Q1 2025 | -3.0% | -1.7% | -6.8% | |
| Q4 2024 | -4.2% | -11.5% | -12.1% | |
| Q3 2024 | -8.7% | -8.7% | -6.2% | |
| Q2 2024 | +5.2% | +4.8% | +13.4% | |
| Q1 2024 | +3.0% | +2.1% | -1.6% | |
| Q4 2023 | +2.5% | +2.5% | +4.1% | |
| Q3 2023 | +5.3% | +3.7% | +2.1% | |
| Q2 2023 | +1.5% | +1.8% | -5.6% | |
| Q1 2023 | +6.2% | +3.3% | +1.4% | |
| Q4 2022 | -3.4% | -2.6% | -8.4% | |
| Q3 2022 | -7.6% | -3.1% | +0.5% | |
| Q2 2022 | -3.6% | -3.0% | -5.5% | |
| Q1 2022 | -2.8% | -0.5% | -9.2% | |
| Q4 2021 | +2.0% | +3.6% | +0.9% | |
| Q3 2021 | +2.8% | +3.1% | +4.6% | |
| Q2 2021 | -2.1% | -2.5% | -1.3% | |
| Q1 2021 | +0.1% | +3.1% | -0.7% | |
| Q4 2018 | -0.3% | +0.1% | +2.8% | |
| Q4 2020 | -3.0% | -2.8% | -1.9% | |
| Q3 2019 | -2.3% | -1.6% | -1.4% | |
| Q3 2020 | +0.3% | +3.0% | +3.2% | |
| Q2 2020 | -9.0% | -4.4% | -8.3% | |
| Q2 2019 | -9.0% | -4.4% | -8.3% | |
| Q1 2019 | -1.1% | +1.4% | -2.9% | |
| Q1 2020 | -1.1% | +1.4% | -2.9% | |
| Q4 2019 | -2.0% | -11.3% | +3.2% |
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