Pactiv Evergreen misses Q3 estimates

seekingalpha
12 Nov 2024
  • Pactiv Evergreen press release (NASDAQ:PTVE): Q3 Non-GAAP EPS of $0.36 misses by $0.02.
  • Revenue of $1.33B (-3.6% Y/Y) misses by $40M.
  • “The Company is updating its existing guidance range for full year 2024 Adjusted EBITDA1 to a range of $800 million to $810 million in light of the performance of the operations divested in the Mill Transaction prior to closing,” said Michael King, President and CEO.

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