Tredegar Q2 Adj $0.30 Up From $(0.06) YoY, Sales $190.24M Up From $178.17M YoY
Portfolio Pulse from Benzinga Newsdesk
Tredegar (NYSE:TG) reported a significant improvement in its Q2 earnings, with adjusted earnings per share rising to $0.30 from a loss of $(0.06) per share year-over-year. Sales also increased by 6.77% to $190.24 million from $178.17 million in the same period last year.
August 07, 2024 | 12:32 pm
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Tredegar reported a significant improvement in Q2 earnings, with EPS rising to $0.30 from a loss of $(0.06) per share year-over-year. Sales also increased by 6.77% to $190.24 million.
The significant improvement in earnings per share and the increase in sales are positive indicators for Tredegar's financial health. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100