Reynolds Consumer Products Inc. provided financial guidance for the fourth quarter and fiscal year ending December 31, 2022. The company now expects the following results for its fiscal year ending December 31, 2022. Net revenues to be approximately 8% growth on $3,556 million in the prior year driven by price increases and volume down mid single digits. Net Income to be in the range of $264 million to $276 million. Earnings Per Share to be in the range of $1.25 to $1.31 per share.

The company expects the following results for its fourth quarter ending December 31, 2022. Net revenues to grow approximately 9% on $1,021 million in the prior year driven by price increases and a low to mid single digit volume decline. Net Income to be in the range of $112 million to $124 million. Earnings Per Share to be in the range of $0.53 to $0.59 per share.