Tredegar Q4 EPS $(0.01) Down From $0.02 YoY, Sales $169.34M Down From $189.15M YoY
Portfolio Pulse from Benzinga Newsdesk
Tredegar Corporation (NYSE:TG) reported a Q4 EPS of $(0.01), a 150% decrease from $0.02 YoY. Sales were $169.34M, down 10.47% from $189.15M YoY.
March 15, 2024 | 12:16 pm
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Tredegar Corporation reported a significant decrease in both EPS and sales in Q4, indicating a challenging quarter.
The reported decrease in EPS and sales for Tredegar Corporation (TG) is significant and likely to negatively impact investor sentiment in the short term. A 150% decrease in EPS and a 10.47% decrease in sales year-over-year are clear indicators of operational challenges, which could lead to a decrease in stock price as investors react to the weaker-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100