STOCK TITAN

Pactiv Evergreen Inc - PTVE STOCK NEWS

Welcome to our dedicated news page for Pactiv Evergreen (Ticker: PTVE), a resource for investors and traders seeking the latest updates and insights on Pactiv Evergreen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pactiv Evergreen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pactiv Evergreen's position in the market.

Rhea-AI Summary
Pactiv Evergreen Inc. (PTVE) declares a quarterly dividend of $0.10 per share for its common stock, payable on March 29, 2024, to shareholders of record as of March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.1%
Tags
dividends
-
Rhea-AI Summary
Pactiv Evergreen Inc. reported solid financial performance in the fourth quarter of 2023, with total net revenues of $1,274 million, a decrease of 14% compared to the previous year. The company's net income from continuing operations was $22 million, and adjusted EBITDA was $207 million. Pactiv Evergreen plans to optimize its manufacturing footprint to generate cost savings and align resources with growth opportunities in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.1%
Tags
-
Rhea-AI Summary
Pactiv Evergreen (PTVE) announced details for its Q4 2023 earnings release and teleconference call. The earnings release is set for February 29, 2024, after market close, with the webcast and teleconference scheduled for March 1, 2024, at 8:30 a.m. EDT. Key participants include Michael King, Jon Baksht, and Curt Worthington. Participants can access the live webcast on the Company’s Investor Relations website or join by phone after registering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
Rhea-AI Summary
Pactiv Evergreen Inc. (NASDAQ: PTVE) released its latest ESG Report, 'Packaging a Better Future,' showcasing progress towards sustainability goals. The report highlights advancements across the company's three strategic ESG pillars - Protect Our Planet's Resources, Deliver Sustainable Products Essential to Consumers, and Value Our People and Communities. Key highlights include reductions in emissions and energy use, sustainable forestry practices, new sustainable products, community support, and ESG governance practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
none
-
Rhea-AI Summary
Pactiv Evergreen Inc. reported its third-quarter 2023 financial results, with net revenues of $1.38 billion, down 14% compared to the same period last year. Net income from continuing operations was $28 million, compared to $175 million in Q3 2022. Adjusted EBITDA was $227 million, up from $187 million in Q3 2022. The company raised its full-year 2023 Adjusted EBITDA guidance to a range of $825 million to $835 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.63%
Tags
-
Rhea-AI Summary
Pactiv Evergreen Inc. (NASDAQ: PTVE) has announced the approval of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 15, 2023, to shareholders of record as of November 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.63%
Tags
dividends
Rhea-AI Summary
Pactiv Evergreen announces details for Q3 2023 earnings release and teleconference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
-
Rhea-AI Summary
Pactiv Evergreen and ExxonMobil partner to offer certified-circular packaging solutions to major food brands and foodservice providers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
Pactiv Evergreen Inc

Nasdaq:PTVE

PTVE Rankings

PTVE Stock Data

2.56B
39.52M
78.15%
22.93%
0.49%
Paper Bag and Coated and Treated Paper Manufacturing
Manufacturing
Link
US
Lake Forest

About PTVE

Pactiv Evergreen is one of the largest manufacturers of fresh food & beverage packaging in North America.