Reynolds Consumer Products raises full-year net revenue forecast after exceeding Q2 earnings and sales expectations.
Reynolds Consumer Products reported Q2 non-GAAP earnings per share of $0.42, surpassing estimates by $0.02. Revenue reached $944 million, up 0.6% year-over-year and $8.51 million above projections.
The company previously guided for flat to modest revenue growth in 2026. It now expects net revenues to rise 1% to 3% compared to 2025, reflecting improved demand or pricing power.
Shares showed limited immediate reaction in after-hours trading as investors digested the updated outlook.