Brief: Pactiv Evergreen Reports Qtrly Loss Per Share $2.59

Pactiv Evergreen

11/11/2020 21:39

Nov 11 (Reuters) - Pactiv Evergreen Inc  PTVE.O :
    * PACTIV EVERGREEN REPORTS THIRD QUARTER 2020 FINANCIAL
RESULTS
    * Q3 REVENUE $1.195 BILLION VERSUS REFINITIV IBES ESTIMATE
OF
$1.19 BILLION
    * SEES FY 2020 REVENUE $4.71 BILLION TO $4.755 BILLION
    * QTRLY LOSS PER SHARE $2.59
    * RECORDED A $105 MILLION NON-CASH TAX VALUATION ALLOWANCE
IN
QUARTER
    * CASH AND CASH EQUIVALENTS WAS $1,756 MILLION AS OF
SEPTEMBER 30,
2020
    * SEES 2020 ADJUSTED EBITDA BETWEEN $615 MILLION AND $630
MILLION

Source text for Eikon:  ID:nGNX7D5DHW 
Further company coverage:  PTVE.O 

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