Investing.com - Berry Global reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Berry Global announced earnings per share of $2.19 on revenue of $3.4B. Analysts polled by Investing.com anticipated EPS of $2.15 on revenue of $3.65B.
Berry Global shares are down 30.82% from the beginning of the year , still down 31.70% from its 52 week high of $74.73 set on Wednesday, January 5, 2022.
Berry Global follows other major Materials sector earnings this month
Berry Global's report follows an earnings beat by Vale ADR on Thursday, October 27, 2022, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.5594 on revenue of $10.15B.
Air Products had beat expectations on Thursday, November 3, 2022 with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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