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Stock impact report

Pactiv Evergreen Inc. Just Recorded A 37% EPS Beat: Here's What Analysts Are Forecasting Next [Yahoo! Finance]

Pactiv Evergreen Inc. - Common stock (PTVE) 
Company Research Source: Yahoo! Finance
It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at US$1.3b, statutory earnings beat expectations by a notable 37%, coming in at US$0.04 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Pactiv Evergreen after the latest results. View our latest analysis for Pactiv Evergreen Following last week's earnings report, Pactiv Evergreen's seven analysts are forecasting 2024 revenues to be US$5.27b, approximately in line with the last 12 months. Earnings are expected to improve, with Pactiv Evergreen forecast to report a statutory profit of US$1.10 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$5 Show less Read more
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