Pactiv Evergreen

Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products, and fresh beverage. The firm produce a broad range of products that protect, package and display fresh food and beverages for consumers who want to eat or drink fresh, prepared or ready-to-eat food and beverages. It operates through the following segments: foodservice, food merchandising and beverage merchandising. The company was founded on May 30, 2006 and is headquartered in Lake Forest, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pactiv Evergreen exceeds 2022 guidance but faces challenges in Q4

Pactiv Evergreen's Q4 2022 performance exceeded full-year guidance but faced challenges from inflationary pressures and volume declines, leading to restructuring actions in 2023.
The company's strengths in strategic focus areas, ESG efforts, and commitment to shareholder value position it well for growth and sustainability goals.
Challenges include inflationary pressures, softening demand, and restructuring costs, while opportunities lie in sustainability focus, growth strategies, and operational efficiency.
Guidance for 2023 includes adjusted EBITDA expectations, capital spending, and a focus on deleveraging, showcasing the company's resilience and strategic direction.

Pactiv Evergreen beats Q1 expectations, focuses on growth strategies

Pactiv Evergreen's Q1 performance exceeded expectations, with a focus on cost efficiencies and strategic actions for future growth.
While facing challenges from restructuring charges and external factors, the company is leveraging strengths in operational improvements and debt reduction.
Opportunities lie in optimizing margins, sustaining capital needs, and market positioning amidst changing consumer behaviors.
Overall, Pactiv Evergreen is navigating challenges to drive sustainable growth and maximize shareholder value in the long term.

Pactiv Evergreen reports solid Q2 results, focuses on sustainability

Pactiv Evergreen's Q2 performance reflects a focus on operational excellence, sustainability, and debt reduction. Despite challenges in volume and promotional activity, the company is optimistic about consumer resiliency and end market improvements. Strategic initiatives aim to drive growth and achieve sustainable returns.

Pactiv Evergreen excels in Q3, eyes growth amid challenges

Pactiv Evergreen's Q3 performance showcased robust growth in EBITDA and margin, driven by a value-focused strategy and operational excellence.
While challenges like managing cash costs and sustaining margin growth exist, the company's focus on sustainability and market adaptability positions it well.
Opportunities in leveraging sector improvements, consumer behavior changes, and EBITDA optimization present avenues for future growth and cash flow generation.

Pactiv Evergreen achieves record Q4 earnings, focuses on sustainability

Pactiv Evergreen reported strong financial performance in Q4 2023, driven by operational excellence and cost-saving initiatives. The company aims to enhance margins through footprint optimization and sustain growth through strategic reviews and productivity gains. Challenges include market dynamics and weather impacts, but opportunities lie in volume growth and operational improvements.

Pactiv Evergreen reports Q1 challenges, focuses on cost management

Pactiv Evergreen's Q1 performance reflects challenges from pricing pressures and cautious consumer behavior, with a focus on cost management and volume growth strategies.
Despite short-term liquidity challenges and anticipated expenses, the company is optimistic about navigating the dynamic landscape and driving EBITDA growth through cost-saving actions.
Efforts to insulate the business from material pricing volatility, enhance operational efficiency, and leverage the distribution network position the company for long-term success and financial stability.
The company's commitment to deleveraging, increasing liquidity, and executing its transformational journey in 2024 underscore its strategic focus on sustainable growth and operational excellence.

Pactiv Evergreen reports strong Q3 earnings, eyes growth through innovation

PTVE's Q3 performance reflects solid revenues and EBITDA, with a strategic focus on core operations and cost efficiencies.
The company's emphasis on innovation, sustainability, and market positioning presents growth opportunities despite sector challenges.
Guidance for 2024 underscores PTVE's commitment to financial discipline, operational improvement, and long-term value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Pactiv Evergreen Inc. engages in the manufacture, distribution, and merchandising of fresh food and beverages services. It operates through the following segments: Foodservice, Food Merchandising, and Beverages Merchandising. The Foodservice segment manufactures ready to eat products. The Food Merchandising segment includes protecting and attractively displaying food while preserving freshness. The Beverage Merchandising segment includes production of cartons for refrigerated beverage products. The company was founded on May 30, 2006 and is headquartered in Lake Forest, IL.

American Well Corporation

Athira Pharma

Broadstone Net Lease

COMPASS Pathways

Coupang

Dyne Therapeutics

GreenBox POS

908 Devices

Metacrine

Outset Medical

Poshmark

StepStone Group

Sumo Logic

Vitru Limited

The IPO market starts to pick back up with eight IPOs scheduled to raise $2.2 billion in the week ahead. Street research is expected for one company on Sunday, 3/14.

U.S. IPO Week Ahead: The Spring IPO Market Starts To Thaw In An 8 IPO Week

LAKE FOREST, Ill.--(BUSINESS WIRE)--Pactiv Evergreen Inc. (NASDAQ: PTVE) announced today that John McGrath has elected to retire as CEO of the company and has been succeeded by Michael King. Mr. King is a current member of Pactiv Evergreen's Board and has been serving since 2018 as CEO of Graham Packaging Company. Prior to joining Graham Packaging, Mike held senior leadership positions at FRAM Group, TI Automotive, Lear Corporation and Huhtamaki. He holds multiple Plastics Engineering degrees f

Michael King Appointed CEO of Pactiv Evergreen

LAKE FOREST, Ill., March 01, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ:PTVE), a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons, today announced the Company will participate in the BofA Securities 2021 Global Agriculture and Materials Conference on March 3 and 4, 2021. John McGrath, Chief Executive Officer, and Michael Ragen, Chief Financial Officer, will present on Thursday, March 4, at 3:00 p.m. ET.

Pactiv Evergreen Inc. to Participate in the BofA Securities 2021 Global Agriculture and Materials Conference

Did Pactiv miss earnings? Because Bank of America said it missed earnings.

Why Pactiv Evergreen Stock Ended in the Red Today

Pactiv Evergreen's (NASDAQ:PTVE) stock has been falling Thursday, down 14.79% to a price of $14.02. The stock's current volume for the day is 343.39 thousand, which is approximately 77.63% of its previous 30-day average volume of 442.34 thousand.

Why Pactiv Evergreen's Stock is Down During Today's Session

Solid Fourth Quarter Results Despite Ongoing COVID-19 Headwinds Solid Fourth Quarter Results Despite Ongoing COVID-19 Headwinds

Pactiv Evergreen Reports Fourth Quarter 2020 Financial Results

News for Pactiv Evergreen Stock (PTVE)