Investing.com - Ranpak Holdings reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ranpak Holdings announced earnings per share of $-0.11 on revenue of $77.80M. Analysts polled by Investing.com EPS of $-0.13 on revenue of $84.17M.
Ranpak Holdings 's are down 39.79% and is trading at $5.23 , still down 87.83% from its 52 week high of $42.97 set on Thursday, November 18, 2021.
Ranpak Holdings follows other major Materials sector earnings this month
Ranpak Holdings's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, for EPS of $2.59 on revenue of $5.81B.
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