secwatch.observer — SEC 8-K summary
======================================

Issuer:     Reynolds Consumer Products Inc. (REYN)
CIK:        0001786431
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001628280-23-037544
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reynolds Q3 adj EPS $0.37 up 54%; net income up 63%; raises FY guidance
-----------------------------------------------------------------------

- Net revenues $935M, down 3% vs Q3 2022; net income $78M, up 63%; adj EBITDA $165M, up 42%.
- EPS $0.37 (adj $0.37) vs $0.23 prior year; full-year adj EBITDA guide raised to $625-635M.
- Operating cash flow $423M YTD, up $305M; net debt/EBITDA improved to 3.1x from 3.8x.
- Acquired Atacama Manufacturing (renewable materials); Q4 dividend $0.23/share payable Nov 30.
- CEO Lance Mitchell to retire early 2024; new CFO Scott Huckins effective Nov 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786431/000162828023037544/0001628280-23-037544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786431/000162828023037544/reyn-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037544

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