Pactiv Evergreen PTVE reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Pactiv Evergreen beat estimated earnings by 100.0%, reporting an EPS of $0.4 versus an estimate of $0.2.
Revenue was up $288.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 4.28% increase in the share price the next day.
Here’s a look at Pactiv Evergreen’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.43 | 0.09 | 0.23 |
| EPS Actual | 0.24 | 0.19 | 0.01 | 0.04 |
| Revenue Estimate | 1.37B | 1.45B | 1.31B | 1.25B |
| Revenue Actual | 1.50B | 1.53B | 1.39B | 1.35B |
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.43 | 0.09 | 0.23 |
| EPS Actual | 0.24 | 0.19 | 0.01 | 0.04 |
| Revenue Estimate | 1.37B | 1.45B | 1.31B | 1.25B |
| Revenue Actual | 1.50B | 1.53B | 1.39B | 1.35B |
To track all earnings releases for Pactiv Evergreen visit their earnings calendar here.
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