Pactiv Evergreen PTVE reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Pactiv Evergreen beat estimated earnings by 56.99999999999999%, reporting an EPS of $0.33 versus an estimate of $0.21.
Revenue was down $202.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 21.0% increase in the share price the next day.
Here's a look at Pactiv Evergreen's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.20 | 0.21 | 0.07 | 0.06 |
EPS Actual | 0.32 | 0.20 | 0.13 | 0.15 |
Revenue Estimate | 1.39B | 1.53B | 1.44B | 1.51B |
Revenue Actual | 1.38B | 1.43B | 1.43B | 1.48B |
To track all earnings releases for Pactiv Evergreen visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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