Pactiv Evergreen Inc Stock News

Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Curt Worthington – Vice President Strategy, Investor Relations Michael King – President and Chief Executive Officer Jon Baksht – Chief Financial Officer Conference Call Participants Anthony Pettinari – Citi George Staphos – Bank of America Josh Spector – UBS Phil Ng – Jefferie...

LAKE FOREST, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock.

Solid execution and cost discipline Poised for next phase of Transformational Journey Third Quarter 2024 Financial Highlights: Net Revenues of $1,333 million for the third quarter of 2024 were down 3% compared to $1,379 million in the third quarter of 2023 and were approximately flat compared to $1,338 million in the second quarter of 2024. Net Loss from continuing operations of $213 million fo...

Pactiv Evergreen has struggled since its public offering in 2020, amidst ongoing restructuring efforts and high leverage employed. Despite generating $5.5 billion in annual sales, the company faces challenges to consistently create shareholder value creation due to restructuring charges and industry volatility. Recent financials show a mixed performance, falling sales, high leverage and disappo...

LAKE FOREST, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its third quarter 2024 earnings release and teleconference call.

SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, today completes the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled. The acquisition of the mills in Pine Bluff and Waynesville, that manufacture liquid packaging board and cupstock, add...

LAKE FOREST, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced it has completed its previously announced sale of the Pine Bluff, Arkansas, paper mill (“Pine Bluff”) and Waynesville, North Carolina, extrusion facility (“Waynesville”) to Suzano S.A.

LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present to investors at the Jefferies Industrials Conference on September 4, 2024 at 4:15pm ET.