Pactiv Evergreen Inc reports results for the quarter ended in December - Earnings Summary

Pactiv Evergreen

24/02/2022 04:57

* Pactiv Evergreen Inc  PTVE.OQ  reported quarterly adjusted
earnings of 17 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 43 cents per share.
    * Revenue rose 30% to $1.53 billion from a year ago; 
analysts
expected $1.45 billion. 
    * Pactiv Evergreen Inc's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Pactiv Evergreen Inc shares had fallen by 22.6% this
quarter.
    * The company reported quarterly net income of $31 million.
    * Wall Street's median 12-month price target for Pactiv
Evergreen
Inc is $15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 24 at 04:57 a.m.
 ​All figures in US dollars unless otherwise stated