Berry Global Group (BERY) Projected to Post Quarterly Earnings on Thursday

Berry Global Group (NYSE:BERY - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $2.52 billion for the quarter.

Berry Global Group (NYSE:BERY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.03. The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.60 billion. Berry Global Group had a net margin of 3.99% and a return on equity of 28.26%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.95 EPS. On average, analysts expect Berry Global Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Berry Global Group Price Performance

NYSE:BERY traded down $1.94 during mid-day trading on Tuesday, reaching $67.69. The stock had a trading volume of 18,809,857 shares, compared to its average volume of 1,400,205. The stock has a 50-day simple moving average of $68.76 and a two-hundred day simple moving average of $68.54. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. Berry Global Group has a 12 month low of $57.52 and a 12 month high of $74.24. The stock has a market capitalization of $7.84 billion, a PE ratio of 16.88, a P/E/G ratio of 1.54 and a beta of 1.14.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BERY. StockNews.com assumed coverage on Berry Global Group in a research report on Sunday. They set a "buy" rating for the company. Truist Financial dropped their target price on shares of Berry Global Group from $76.00 to $71.00 and set a "hold" rating for the company in a report on Tuesday, April 22nd. Finally, UBS Group lifted their price target on shares of Berry Global Group from $72.00 to $73.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Berry Global Group presently has a consensus rating of "Hold" and an average target price of $75.13.

Berry Global Group Company Profile

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.