Earnings Outlook For Pactiv Evergreen
Portfolio Pulse from Benzinga Insights
Pactiv Evergreen (NASDAQ:PTVE) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.21. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. However, the stock has been down 16.27% over the last 52-week period.
August 04, 2023 | 10:00 am
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Pactiv Evergreen is expected to report an EPS of $0.21 in its upcoming earnings. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in its share price. However, the stock has been down 16.27% over the last year.
The company's earnings report is a key event that could influence its stock price. If Pactiv Evergreen beats the EPS estimate as it has in the past, this could lead to a short-term increase in its share price. However, the overall negative trend in the stock's performance over the past year may temper any potential gains.
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