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

Pactiv Evergreen

06/05/2021 21:31

* Pactiv Evergreen Inc  PTVE.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 7 cents per share.
* Revenue was $1.16 billion​​;  analysts expected $1.08 billion.
* Pactiv Evergreen Inc's reported EPS for the quarter was a loss
of 9 cents​.
* The mean earnings estimate of analysts had fallen by
about 82.4% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Pactiv Evergreen Inc shares had risen by 14.9% this
quarter and lost 13.0% so far this year.
* The company reported a quarterly loss of $15 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 May 6 at 08:30 p.m. GMT. ​All
figures in US Dollars.​