For the quarter ended Dec. 31, the company reported revenue of $1.03 billion, edging out the $1.01 billion forecast by analysts polled by FactSet. Net income dipped slightly to $118 million, or 56 cents per share, compared to $121 million in the prior-year period. However, adjusted earnings per share reached 59 cents, aligning precisely with market consensus.

Conservative 2026 Projections

Despite the immediate post-earnings bounce, Reynolds provided a cautious outlook for the coming fiscal year. The company anticipates full-year 2026 adjusted earnings between $1.57 and $1.63 per share, trailing the $1.71 per share expected by Wall Street. Revenue is projected to fall between $3.61 billion and $3.76 billion, with the high end of that range only just reaching analyst targets.

This conservative stance extends into the first quarter of 2026. Management expects adjusted earnings of 23 to 25 cents per share on revenue as high as $826.2 million, both metrics coming in below analyst estimates of 25 cents and $834.2 million, according to the report. The stock’s recent surge provides a reprieve for investors after the shares retreated 12% over the past 12 months.