Household products company Reynolds (NASDAQ:REYN) will be reporting earnings tomorrow before market open. Here’s what to expect.

Reynolds beat analysts’ revenue expectations by 4.2% last quarter, reporting revenues of $930 million, down 1.1% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ gross margin and organic revenue growth estimates.

Is Reynolds a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Reynolds’s revenue to decline 3.4% year on year to $902.9 million, in line with the 3.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.42 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Reynolds has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Reynolds’s peers in the household products segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Colgate-Palmolive delivered year-on-year revenue growth of 2.4%, meeting analysts’ expectations, and Procter & Gamble reported flat revenue, falling short of estimates by 1.1%. Colgate-Palmolive traded down 4% following the results while Procter & Gamble was also down 1.6%.

Read our full analysis of Colgate-Palmolive’s results here and Procter & Gamble’s results here.

Investors in the household products segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Reynolds is down 4.1% during the same time and is heading into earnings with an average analyst price target of $33 (compared to the current share price of $29.81).

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