Tredegar Q2 Adj $(0.06) Down From $0.51 YoY, Sales $178.17M Down From $274.36M YoY
Portfolio Pulse from Benzinga Newsdesk
Tredegar (NYSE:TG) reported Q2 adjusted losses of $(0.06) per share, a 111.76% decrease from $0.51 per share YoY. Sales also decreased by 35.07% to $170.97 million from $263.33 million YoY.
August 09, 2023 | 12:17 pm
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Tredegar's Q2 results show a significant decrease in both earnings and sales compared to the same period last year.
Tredegar's Q2 results show a significant decrease in both earnings and sales compared to the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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