Hot Stock in the Spotlight: Berry Global Group (NYSE: BERY)


On Friday, Shares of Berry Global Group (NYSE: BERY) declined -0.37% to $48.62. The stock traded total volume of 1,357,523 shares lower than the average volume of 1.70M shares.

Berry Global Group Inc. (BERY) stated fiscal first-quarter net income of $88.0M. The Evansville, Indiana-based company said it had net income of 66 cents per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The packaging company posted revenue of $1.970B in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.930B.

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BERY has the market capitalization of $6.42B and its EPS growth ratio for the past five years was 42.00%. The return on assets ratio of the Company was 4.50% while its return on investment ratio stands at 9.00%. Price to sales ratio was 0.80.

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