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

Pactiv Evergreen

07/08/2021 12:11

* Pactiv Evergreen Inc  PTVE.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 19 cents per share.
* Revenue was $1.35 billion​;  analysts expected $1.23 billion. 
* Pactiv Evergreen Inc's reported EPS for the quarter was 4
cents​.
* The mean earnings estimate of analysts had fallen by
about 19.7% in the last three months.​ 
* In the last 30 days five analysts negatively revised earnings
estimates 
* Pactiv Evergreen Inc shares had fallen by 4.7% this
quarter and lost 20.8% so far this year.
* The company reported quarterly net income of $7 million.
* Wall Street's median 12-month price target for Pactiv
Evergreen Inc is $16.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 7 at 11:10 a.m.  ​All
figures in US dollars unless otherwise stated