Profile
Sector:
Consumer CyclicalIndustry:
Packaging & ContainersCountry:
United StatesIPO:
17 September 2020Website:
http://pactivevergreen.comNext earnings report:
28 February 2025Last dividends:
30 August 2024Next dividends:
02 December 2024Price
regular market | 10 min agoAnalysts recommendations
Institutional Ownership
PTVE Latest News
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Curt Worthington – Vice President Strategy, Investor Relations Michael King – President and Chief Executive Officer Jon Baksht – Chief Financial Officer Conference Call Participants Anthony Pettinari – Citi George Staphos – Bank of America Josh Spector – UBS Phil Ng – Jefferies Arun Viswanathan – RBC Capital Markets Operator Good day, and welcome to the Pactiv Evergreen Third Quarter 2024 Financial Results. All participants will be in listen-only mode.
Pactiv Evergreen (PTVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present to investors at the Jefferies Industrials Conference on September 4, 2024 at 4:15pm ET.
Pactiv Evergreen launches innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays, a sustainable alternative to foam polystyrene trays.
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Curt Worthington - Vice President of Investor Relations and Strategy Michael King - Chief Executive Officer Jon Baksht - Chief Financial Officer Conference Call Participants Philip Ng - Jefferies Adam Samuelson - Goldman Sachs Ghansham Panjabi - Robert W. Baird Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Cashen Keeler - Bank of America Operator Good day, and thank you for standing by.
Pactiv Evergreen Inc. (PTVE) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.20 per share a year ago.
LAKE FOREST, Ill., July 31, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock.
PTVE has been undergoing heavy restructuring and has experienced a decline in net revenue and net income in 2023, but has maintained strong adjusted EBITDA and free cash flow throughout. The firm has announced a new restructuring plan, illustrating its commitment to restructuring efforts that are expected to further enhance efficiencies and generate cost savings. Additionally, it has been actively cutting down on its debt, reducing its net leverage ratio from 7.63x to 4.07x. It has targeted to achieve a low 3s in 2024.
Pactiv Evergreen Inc. (PTVE) ended the latest trading day at $15.25, up +1.67% from the day before.
Zacks.com users have shown a high level of interest in Pactiv Evergreen (PTVE) recently, so it is important to be aware of the key factors that could impact the stock's future performance.
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What type of business is Pactiv Evergreen?
Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.
What sector is Pactiv Evergreen in?
Pactiv Evergreen is in the Consumer Cyclical sector
What industry is Pactiv Evergreen in?
Pactiv Evergreen is in the Packaging & Containers industry
What country is Pactiv Evergreen from?
Pactiv Evergreen is headquartered in United States
When did Pactiv Evergreen go public?
Pactiv Evergreen initial public offering (IPO) was on 17 September 2020
What is Pactiv Evergreen website?
https://pactivevergreen.com
Is Pactiv Evergreen in the S&P 500?
No, Pactiv Evergreen is not included in the S&P 500 index
Is Pactiv Evergreen in the NASDAQ 100?
No, Pactiv Evergreen is not included in the NASDAQ 100 index
Is Pactiv Evergreen in the Dow Jones?
No, Pactiv Evergreen is not included in the Dow Jones index
When was Pactiv Evergreen the previous earnings report?
No data
When does Pactiv Evergreen earnings report?
The next expected earnings date for Pactiv Evergreen is 28 February 2025