briefingcom Posted - 1 week ago

$PTVE: Pactiv Evergreen beats by $0.01, misses on revs https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20241112060935PTVE&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

DonCorleone77 Posted - 1 week ago

$PTVE Pactiv Evergreen reports Q3 adjusted EPS 36c, consensus 36c Reports Q3 revenue $1.33B, consensus $1.37B. CEO Michael King said, "Our execution during Q3 was solid and we made meaningful progress on our long-term strategy. We maintained strict cost discipline, optimized enterprise resources and overcame challenges at the Pine Bluff, Arkansas mill during its final quarter under our ownership...In late September and early October, some of our teams and communities were significantly impacted by Hurricanes Helene and Milton. The safety and well-being of our team members remain our utmost priority. It's been truly inspiring to witness our teams swiftly activate contingency plans in response to these severe weather events, showcasing their commitment to serving our customers and supporting the affected communities." CFO Jon Baksht added, "Our Q3 results reflect our efforts to right size our operations and manage resources to align with the broader demand environment. Our team has done an excellent job reducing our cost to serve by implementing various initiatives to set Pactiv Evergreen up for success. Compared to the prior quarter, we reduced our leverage profile and are on track to deliver on the cost savings targets we laid out in August. We are also continuing to invest in areas of the business to drive growth for Pactiv Evergreen and create value for our stockholders."

DonCorleone77 Posted - 1 week ago

$PTVE Pactiv Evergreen narrows FY24 adjusted EBITDA view to $800M-$820M Had previously seen FY24 adjusted EBITDA of $800M-$810M.

TickerDD_com Posted - 2 weeks ago

$PTVE How much is PTVE Shorted? What is Short Interest for PTVE? https://youtu.be/Gen0r0qY2pE

TickerDD_com Posted - 2 weeks ago

$PTVE How much is PTVE Shorted? What is Short Interest for PTVE? https://youtu.be/Gen0r0qY2pE

Stock_Titan Posted - 08/29/24

$PTVE Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products https://www.stocktitan.net/news/PTVE/pactiv-evergreen-launches-recycleware-r-reduced-density-rlv5kz2odh8l.html

Fullratio Posted - 3 months ago

$PTVE return on sales has surged by 103% since the previous quarter and by 92% year-on-year: https://fullratio.com/stocks/nasdaq-ptve/pactiv-evergreen

NVDAMillionaire Posted - 3 months ago

$PTVE Pactiv Evergreen Inc. (PTVE): Navigating Inflationary Headwinds with Operational Agility http://beyondspx.com/2024/08/02/pactiv-evergreen-inc-ptve-navigating-inflationary-headwinds-with-operational-agility/

Scarlettisme_123 Posted - 3 months ago

🔻Top Stock Losers Today: $MBLY -22.48% $MYRG -22.41% $CGNX -21.24% $MRNA -21.01% $PTVE -20.40% From my screener

DonCorleone77 Posted - 07/31/24

$PTVE Pactiv Evergreen sees FY24 adjusted EBITDA $800M-$820M The company said, "Due to the Company's second quarter results and the expected continuation of end-market related risks, as well as the pending divestiture of the Pine Bluff mill and Waynesville extrusion facility, the Company is revising its full year Adjusted EBITDA outlook to a range of $800 million to $820 million."

DonCorleone77 Posted - 07/31/24

$PTVE Pactiv Evergreen reports Q2 adjusted EPS 17c, consensus 25c Reports Q2 revenue $1.34B, consensus $1.36B. Jon Baksht, Chief Financial Officer of Pactiv Evergreen, added, "We launched our strategic alternatives review for Pine Bluff over a year ago. At closing, the sale will effectively complete the restructuring of our Beverage Merchandising operations, and is expected to improve the long-term cash flow profile of our business, while also reducing volatility across economic cycles. During the quarter, we also announced the repricing and upsizing of our term loans due in 2028, which will lower interest expense and enhance our financial flexibility. As we shift our focus to the remainder of the year, we are lowering our full year guidance to reflect our second quarter results and a slower than anticipated end market demand recovery, partially offset by the expected benefits from the cost curtailment actions. Our revised full year guidance also reflects the pending sale of our Pine Bluff and Waynesville facilities, which is expected to close during the fourth quarter of this year."

Stock_Titan Posted - 07/31/24

$PTVE Pactiv Evergreen Reports Second Quarter 2024 Financial Results https://www.stocktitan.net/news/PTVE/pactiv-evergreen-reports-second-quarter-2024-financial-etmhpkbtza52.html

Stock_Titan Posted - 4 months ago

$PTVE Pactiv Evergreen Inc. Schedules Second Quarter 2024 Financial Results https://www.stocktitan.net/news/PTVE/pactiv-evergreen-inc-schedules-second-quarter-2024-financial-0q7x6yqxz5sr.html

Thestocktraderhubzee Posted - 4 months ago

$PTVE UBS Maintains Buy on Pactiv Evergreen, Lowers Price Target to $16

tradingtwenty Posted - 4 months ago

$PTVE has trended 38 times in the past 24 hours (based on 5 minute intervals). Latest press release on Jul 12, 2024 05:00 PM: Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion... Link: https://tradingtwenty.com/news/539626/pactiv-evergreen-inc-announces-definitive-agreement-to-sell-pine-bluff-paper-mill-and-waynesville-extrusion-facility-to-suzano-sa

DonCorleone77 Posted - 4 months ago

$SUZ $PTVE Suzano acquires two U.S. industrial facilities from Pactiv Evergreen for $110M Suzano (SUZ) has announced the acquisition of industrial assets from Pactiv Evergreen (PTVE) in the United States. This will expand the company's operations in North America and marks its entrance into the consumer and food service packaging segments in the region. The transaction is valued at $110M and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock. Subject to final regulatory approval expected later this year, these assets will add approximately 420,000 metric tonnes annually of integrated paperboard to Suzano's production capacity. Alongside the acquisition, Suzano has signed a long-term supply deal with Pactiv Evergreen to provide liquid packaging board for its converting business.

DonCorleone77 Posted - 4 months ago

$PTVE Pactiv Evergreen to sell Pine Bluff, Waynesville to Suzano SA for $110M in cash Pactiv Evergreen announced that it has signed a definitive agreement to sell its Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility, to global paper and pulp producer Suzano S.A. for $110M in cash, subject to customary adjustments for closing amounts such as working capital. Suzano has agreed to offer employment to current employees at Pine Bluff and Waynesville. Pine Bluff produces liquid packaging board and cupstock used to make fresh beverage cartons, paper cups and other fiber-based food and beverage packaging. Waynesville provides incremental extrusion capacity for the board produced at Pine Bluff. Pactiv Evergreen and Suzano have also agreed to enter into a long-term supply arrangement at the closing of the Transaction pursuant to which Suzano would use Pine Bluff and Waynesville to supply liquid packaging board to Pactiv Evergreen's converting business. The Transaction is anticipated to close in the fourth quarter of 2024, subject to the satisfaction of customary closing conditions, including foreign antitrust approval. Based on the Transaction's estimated cash proceeds the company currently expects to record a non-cash impairment charge of approximately $320M-$340M in the third quarter of 2024. The company expects to provide updated guidance for fiscal year 2024, reflecting changes in management's assumptions resulting from signing the Agreement, concurrent with its second quarter earnings.

Stock_Titan Posted - 4 months ago

$PTVE Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA https://www.stocktitan.net/news/PTVE/pactiv-evergreen-inc-announces-definitive-agreement-to-sell-pine-q7mff8tj1qjy.html

DonCorleone77 Posted - 4 months ago

$PTVE $SUZ Suzano near deal to buy Pactiv Evergreen mill in Arkansas, Bloomberg says Brazil's Suzano (SUZ) is nearing a deal to acquire a mill in Arkansas owned by Pactiv Evergreen (PTVE) for more than $100M, people with knowledge of the matter told Bloomberg's Gillian Tan and Rachel Gamarski. A transaction for the Pine Bluff mill could be announced as soon as the coming week, but it is possible talks could collapse at the last minute as with all deals that aren't finalized, the report said.

TalkMarkets Posted - 4 months ago

Current Analysis: Pactiv Evergreen $PTVE https://talkmarkets.com/content/stocks--equities/current-analysis-pactiv-evergreen?post=453968

erevnon Posted - 4 months ago

Citigroup maintains Pactiv Evergreen $PTVE at Buy and lowers the price target from $16 to https://marketsblock.com/stock-upgrades-and-downgrades/

Stock_Titan Posted - 05/29/24

$PTVE Pactiv Evergreen Inc. Successfully Reprices and Upsizes Term Loan https://www.stocktitan.net/news/PTVE/pactiv-evergreen-inc-successfully-reprices-and-upsizes-term-x32uh1l55b1q.html

Avocado_smash Posted - 05/27/24

$GLW $FBAK $BEPC $OTEX $PTVE

cadwacker Posted - 6 months ago

$PTVE earnings performance is very strong as a result of high earnings growth over the past 3-5 years and a relatively low projected P/E ratio.

StockInvest_us Posted - 6 months ago

Signal alert: $PTVE - Oversold Trend Short (Undervalued) https://stockinvest.us/l/Fh1fIJczTN

Fullratio Posted - 6 months ago

$PTVE ROCE has plunged by 60% YoY: https://fullratio.com/stocks/nasdaq-ptve/pactiv-evergreen

DonCorleone77 Posted - 6 months ago

$PTVE Pactiv Evergreen files to sell 137.98M shares of common stock for holders

DonCorleone77 Posted - 6 months ago

$PTVE Pactiv Evergreen files $1B mixed securities shelf

Stock_Titan Posted - 6 months ago

$PTVE Pactiv Evergreen Reports First Quarter 2024 Financial Results https://www.stocktitan.net/news/PTVE/pactiv-evergreen-reports-first-quarter-2024-financial-hf4se0pcsw8j.html

Stock_Titan Posted - 7 months ago

$PTVE Pactiv Evergreen Inc. Schedules First Quarter 2024 Financial Results https://www.stocktitan.net/news/PTVE/pactiv-evergreen-inc-schedules-first-quarter-2024-financial-22v0fv9pc8sf.html