Pactiv Evergreen Inc expected to post earnings of 25 cents a share - Earnings Preview

Pactiv Evergreen

29/07/2024 22:17

* Pactiv Evergreen Inc  PTVE.OQ   PTVE.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The Lake Forest Illinois-based  company is expected to
report a
4.5% decrease in revenue to $1.362 billion from $1.43 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Pactiv Evergreen Inc is
for
earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pactiv
Evergreen
Inc is $16.00​, above​ its last closing price of $13.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.08        0.08       0.14      Beat    68.4
 Jan. 1 0001   0.20        0.21       0.33      Beat    53.7
 Sep. 30 2023  0.21        0.20       0.32      Beat    57.4​
 Jun. 30 2023  0.22        0.22       0.20      Missed  -8
 ​​Mar.        0.08        0.07       -0.76     Missed  -1,139
 31 2023                                                .1
 Dec. 31 2022  0.06        0.06       0.15      Beat    157.2​
 Jan. 1 0001   0.14        0.14       0.98      Beat    586.7
 Jan. 1 0001   0.20        0.20       0.40      Beat    100.3
 This summary was machine generated July 29 at 21:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)