Reynolds Consumer Products Q3 net income falls to $58 million; full-year revenue outlook kept
Reynolds reported third-quarter 2026 net revenues of $944 million, up from $931 million, but net income fell to $58 million from $79 million and diluted EPS fell to $0.28 from $0.38. The company said the decline reflects a $25 million environmental remediation reserve and higher SG&A costs, and it reiterated its full-year 2026 net revenue and adjusted EPS outlook while lowering its adjusted net income range.
Key points
- Q3 net revenues rose to $944 million from $931 million; Adjusted EBITDA fell to $163 million from $168 million.
- Q3 Adjusted EPS was $0.39 versus $0.42 a year earlier; GAAP diluted EPS was $0.28 versus $0.38.
- Full-year 2026 net revenue outlook of +1% to +3% and Adjusted EPS outlook of $1.57 to $1.63 were reiterated; Adjusted Net Income outlook is now $332 million to $345 million.
- Owl's Head Alloys was acquired after quarter end for $110 million in cash, funded by its Revolving Credit Facility.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.