Magnera Q3 EPS $(0.51) Misses $0.03 Estimate, Sales $839.000M Miss $847.125M Estimate

Magnera (NYSE:MAGN) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $0.03 by 1800 percent. This is a 185 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $839.000 million which missed the analyst consensus estimate of $847.125 million by 0.96 percent. This is a 50.90 percent increase over sales of $556.000 million the same period last year.