Pactiv Evergreen Inc expected to post earnings of 6cents a share - Earnings Preview

Pactiv Evergreen

17/02/2023 21:19

* Pactiv Evergreen Inc  PTVE.OQ   PTVE.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
21 (estimated). 
    * The Lake Forest Illinois-based  company is expected to
report  a
0.9% decrease in revenue to $1.513 billion from $1.53 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pactiv Evergreen
Inc is
for earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $13​, above​ its last closing price of $11.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.14        0.14       0.98      Beat    586.7
 Jun. 30 2022  0.20        0.20       0.40      Beat    100.3
 Mar. 31 2022  0.10        0.11       0.24      Beat    127.5​
 Dec. 31 2021  0.40        0.43       0.17      Missed  -60.8
 ​​Sep.        0.09        0.09       0.00      Missed  -100
 30 2021                                                
 Jun. 30 2021  0.18        0.19       0.04      Missed  -78.6​
 Mar. 31 2021  0.01        0.07       0.14      Beat    105
 Dec. 31 2020  0.24        0.25       1.33      Beat    440.3
 This summary was machine generated February 17 at 21:19 GMT. 
All figures in US dollars  unless otherwise stated