Berry Plastics Group, Inc. (NYSE:BERY) reported net income of $ 133.00 million or per share of $ 0.99 for the fourth quarter.
The company delivered net sales of $ 2.05 billion for the same period representing year-over-year growth of 9 percent that exceeded street analysts expectation by $ 23 million.
However, on an adjusted basis, Berry Plastics Group reported adjusted operating income of $ 0.90 a share for the same period that exceeded market expectations.
Analysts polled by Thomson Reuters expected Berry Plastics Group to report income of $ 0.87 per share on revenue of $ 2.03 billion for the fourth quarter. Analysts estimate normally exclude one time gain or loss.