Pactiv Evergreen Inc.

Equities

PTVE

US69526K1051

Non-Paper Containers & Packaging

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-08 EDT			5-day change	1st Jan Change
12.93 ^USD	-1.30%		-15.16%	-5.69%

05-06	RBC Trims Price Target on Pactiv Evergreen to $17 From $18, Keeps Outperform Rating	MT
05-03	Transcript : Pactiv Evergreen Inc., Q1 2024 Earnings Call, May 03, 2024

Pactiv Evergreen Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 29, 2024 at 04:33 pm

Pactiv Evergreen Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 5,510 million compared to USD 6,220 million a year ago. Revenue was USD 5,510 million compared to USD 6,220 million a year ago.

Net loss was USD 223 million compared to net income of USD 318 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to basic earnings per share from continuing operations of USD 1.77 a year ago. Diluted loss per share from continuing operations was USD 1.28 compared to diluted earnings per share from continuing operations of USD 1.77 a year ago.

Basic loss per share was USD 1.26 compared to basic earnings per share of USD 1.78 a year ago. Diluted loss per share was USD 1.26 compared to diluted earnings per share of USD 1.77 a year ago.

Latest news about Pactiv Evergreen Inc.

RBC Trims Price Target on Pactiv Evergreen to $17 From $18, Keeps Outperform Rating	05-06	MT
Transcript : Pactiv Evergreen Inc., Q1 2024 Earnings Call, May 03, 2024	05-03
Earnings Flash (PTVE) PACTIV EVERGREEN Reports Q1 Revenue $1.25B, vs. Street Est of $1.29B	05-02	MT
Pactiv Evergreen Inc. Approves Quarterly Dividend, Payable on June 14, 2024	05-02	CI
Pactiv Evergreen Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Moody's Affirms SIG Group's Ratings on Continued Strong Performance; Outlook Revised to Positive from Stable	03-20	MT
Citigroup Trims Price Target on Pactiv Evergreen to $15 From $16, Maintains Buy Rating	03-04	MT
Baird Adjusts Price Target on Pactiv Evergreen to $15 From $12, Maintains Neutral Rating	03-04	MT
Goldman Sachs Raises Price Target on Pactiv Evergreen to $14 From $12.50, Keeps Neutral Rating	03-04	MT
Sector Update: Consumer Stocks Advance in Late Afternoon Trading	03-01	MT
Pactiv Evergreen Shares Decline Following Q4 Earnings Report	03-01	MT
Transcript : Pactiv Evergreen Inc., Q4 2023 Earnings Call, Mar 01, 2024	03-01
Pactiv Evergreen Q4 Adjusted EPS Increases, Revenue Drops -- Shares Fall After Hours	02-29	MT
Pactiv Evergreen Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-29	CI
Pactiv Evergreen Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-29	CI
Earnings Flash (PTVE) PACTIV EVERGREEN Reports Q4 EPS $0.12, vs. Street Est of $0.21	02-29	MT
Earnings Flash (PTVE) PACTIV EVERGREEN Posts Q4 Revenue $1.27B, vs. Street Est of $1.32B	02-29	MT
Pactiv Evergreen Inc. Declares Quarterly Dividend, Payable on March 29, 2024	02-29	CI
Goldman Sachs Adjusts Price Target on Pactiv Evergreen to $12.50 From $11, Maintains Neutral Rating	02-13	MT
Jefferies Initiates Pactiv Evergreen With Buy Rating, Price Target is $18	01-19	MT
UBS Initiates Coverage on Pactiv Evergreen With Buy Rating, $19 Price Target	01-16	MT
North American Morning Briefing : S&P 500 Futures -2-	01-04	DJ
Citigroup Upgrades Pactiv Evergreen to Buy From Neutral, Raises Price Target to $16 From $10	01-03	MT
RBC Raises Price Target on Pactiv Evergreen to $13 From $11, Keeps Outperform Rating	11-03	MT
Transcript : Pactiv Evergreen Inc., Q3 2023 Earnings Call, Nov 02, 2023	11-02

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

2024-06-05 - Annual General Meeting

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

12.93 USD

Average target price

16.36 USD

Spread / Average Target

+26.51%

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EPS Revisions

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