Pactiv Evergreen Inc.

Equities

PTVE

US69526K1051

Non-Paper Containers & Packaging

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
15.53 ^USD	+1.77%		+6.96%	+13.27%

Mar. 20	Moody's Affirms SIG Group's Ratings on Continued Strong Performance; Outlook Revised to Positive from Stable	MT
Mar. 04	Citigroup Trims Price Target on Pactiv Evergreen to $15 From $16, Maintains Buy Rating	MT

Pactiv Evergreen Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023

November 01, 2023 at 04:05 pm EDT

Pactiv Evergreen Inc. reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported sales was USD 1,379 million compared to USD 1,609 million a year ago. Net income was USD 29 million compared to USD 176 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.98 a year ago. Basic earnings per share was USD 0.16 compared to USD 0.99 a year ago.

Diluted earnings per share was USD 0.16 compared to USD 0.98 a year ago.

Latest news about Pactiv Evergreen Inc.

Moody's Affirms SIG Group's Ratings on Continued Strong Performance; Outlook Revised to Positive from Stable	Mar. 20	MT
Citigroup Trims Price Target on Pactiv Evergreen to $15 From $16, Maintains Buy Rating	Mar. 04	MT
Baird Adjusts Price Target on Pactiv Evergreen to $15 From $12, Maintains Neutral Rating	Mar. 04	MT
Goldman Sachs Raises Price Target on Pactiv Evergreen to $14 From $12.50, Keeps Neutral Rating	Mar. 04	MT
Sector Update: Consumer Stocks Advance in Late Afternoon Trading	Mar. 01	MT
Pactiv Evergreen Shares Decline Following Q4 Earnings Report	Mar. 01	MT
Transcript : Pactiv Evergreen Inc., Q4 2023 Earnings Call, Mar 01, 2024	Mar. 01
Pactiv Evergreen Q4 Adjusted EPS Increases, Revenue Drops -- Shares Fall After Hours	Feb. 29	MT
Pactiv Evergreen Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 29	CI
Pactiv Evergreen Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 29	CI
Earnings Flash (PTVE) PACTIV EVERGREEN Reports Q4 EPS $0.12, vs. Street Est of $0.21	Feb. 29	MT
Earnings Flash (PTVE) PACTIV EVERGREEN Posts Q4 Revenue $1.27B, vs. Street Est of $1.32B	Feb. 29	MT
Pactiv Evergreen Inc. Declares Quarterly Dividend, Payable on March 29, 2024	Feb. 29	CI
Goldman Sachs Adjusts Price Target on Pactiv Evergreen to $12.50 From $11, Maintains Neutral Rating	Feb. 13	MT
Jefferies Initiates Pactiv Evergreen With Buy Rating, Price Target is $18	Jan. 19	MT
UBS Initiates Coverage on Pactiv Evergreen With Buy Rating, $19 Price Target	Jan. 16	MT
North American Morning Briefing : S&P 500 Futures -2-	Jan. 04	DJ
Citigroup Upgrades Pactiv Evergreen to Buy From Neutral, Raises Price Target to $16 From $10	Jan. 03	MT
RBC Raises Price Target on Pactiv Evergreen to $13 From $11, Keeps Outperform Rating	Nov. 03	MT
Transcript : Pactiv Evergreen Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Earnings Flash (PTVE) PACTIV EVERGREEN Reports Q3 EPS $0.32, vs. Street Est of $0.20	Nov. 01	MT
Pactiv Evergreen Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023	Nov. 01	CI
Pactiv Evergreen Inc. Declares Quarterly Dividend, Payable on December 15, 2023	Nov. 01	CI
Citigroup Adjusts Pactiv Evergreen's Price Target to $8 From $9, Neutral Rating Kept	23-10-10	MT
Pactiv Evergreen and ExxonMobil Collaborate to Leverage Advanced Recycling for Foodservice Industry Packaging	23-09-27	CI

Chart Pactiv Evergreen Inc.

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Company Profile

Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company operates through two segments: Foodservice and Food and Beverage Merchandising. Its Foodservice segment manufactures food containers, drinkware (hot and cold cups and lids), tableware, service ware and other products which make eating on-the-go. Its Food and Beverage Merchandising segment products include cartons for fresh refrigerated beverage products, primarily serving dairy (including plant-based, organic and specialties), juice and other specialty beverage end-markets, clear rigid-display containers, containers for prepared and ready-to-eat food, trays for meat and poultry and egg cartons. It also produces fiber-based liquid packaging board. It supplies products to a diversified mix of companies, including full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, and food processors.

Sector

Non-Paper Containers & Packaging

Calendar

2024-05-02 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Pactiv Evergreen Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.53 USD

Average target price

16.86 USD

Spread / Average Target

+8.55%

Consensus

EPS Revisions

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