Berry International (BERY) is a Zacks Rank #5 (Sturdy Promote) as estimates fell considerably follo
Berry International (BERY) is a Zacks Rank #5 (Sturdy Promote) as estimates fell considerably following a current earnings miss. The inventory is now the Bear of the Day, so let’s check out what occurred right here.
Description
Berry International Group, Inc. manufactures and distributes nonwoven specialty supplies, engineered supplies and client packaging merchandise out there. The corporate providers private care, healthcare in addition to beverage and meals markets in South America, North America, Asia and Europe. This Evansville, IN-based firm was previously often known as Berry Plastics Group, Inc, however modified its official title to Berry International Group, Inc in April 2017. The corporate employs round 24,000 individuals globally.
Earnings Historical past
The earnings historical past right here isn’t he worst I’ve ever seen, however it’s not the most effective. I see two misses within the final two reviews and earlier than that there have been two beats. The misses, nonetheless, are larger than the beats on a share foundation and that makes the typical shock a destructive 4% over the past 4 quarters.
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