Pactiv Evergreen (NASDAQ:PTVE) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Pactiv Evergreen missed estimated earnings by 55.81%, reporting an EPS of $0.19 versus an estimate of $0.43.
Revenue was up $352.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 1.53% drop in the share price the next day.
Here's a look at Pactiv Evergreen's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.23 | 0.07 | 0.25 |
| EPS Actual | 0.01 | 0.04 | -0.01 | 0.10 |
| Revenue Estimate | 1.31B | 1.25B | 1.08B | 1.21B |
| Revenue Actual | 1.39B | 1.35B | 1.16B | 1.18B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
