Published on 8 Apr 2024 on Zacks via Yahoo Finance

Pactiv Evergreen Inc. (PTVE) Increases Despite Market Slip: Here's What You Need to Know

The most recent trading session ended with Pactiv Evergreen Inc. (PTVE) standing at $15.05, reflecting a +1.07% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq appreciated by 0.03%.

The the stock of company has risen by 12.63% in the past month, leading the Consumer Discretionary sector's gain of 0.65% and the S&P 500's gain of 2.57%.

The investment community will be closely monitoring the performance of Pactiv Evergreen Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of $0.09, showcasing a 30.77% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.17 billion, indicating a 18.27% decline compared to the corresponding quarter of the prior year.