Pactiv Evergreen Inc. (PTVE) Lags Q2 Earnings Estimates

Pactiv Evergreen Inc. (PTVE) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -29.17%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.14, delivering a surprise of 55.56%. Over the last four quarters, the ...