Pactiv Evergreen Q1 2024 Adj EPS $0.14 Beats $0.08 Estimate, Sales $1.252B Miss $1.283B Estimate

Pactiv Evergreen (NASDAQ:PTVE) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.08 by 75 percent. This is a 7.69 percent increase over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $1.252 billion which missed the analyst consensus estimate of $1.283 billion by 2.39 percent. This is a 12.51 percent decrease over sales of $1.431 billion the same period last year.