secwatch.observer — SEC 8-K summary
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Issuer:     Reynolds Consumer Products Inc. (REYN)
CIK:        0001786431
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001628280-23-002664
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reynolds Q4 adj EBITDA +10% to $200M; FY rev +7% but net income -20%; 2023 outlook implies recovery
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- FY 2022 net revenues $3,817M (+7%), net income $258M (-20%), adj EBITDA $546M (-9%), EPS $1.23.
- Q4 net revenues $1,089M (+7%), adj EBITDA $200M (+10%), net income $107M (+2%), adj EPS $0.53.
- Reynolds Cooking & Baking EBITDA -49% on operational issues; comprehensive recovery plan launched.
- FY 2023 guidance: adj EBITDA $605-635M, net income $274-296M, EPS $1.30-1.41; Q1 expected weak.
- Quarterly dividend $0.23/share, payable Feb 28 to holders of record Feb 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786431/000162828023002664/0001628280-23-002664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786431/000162828023002664/reyn-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-002664

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer