Investing.com - Pactiv Evergreen reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pactiv Evergreen announced earnings per share of $0.98 on revenue of $1.61B. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $1.5B.
Pactiv Evergreen shares are down 5.02% from the beginning of the year and are trading at $10.74 , down-from-52-week-high.
Pactiv Evergreen follows other major Materials sector earnings this month
Pactiv Evergreen's report follows an earnings missed by Air Liquide ADR on October 25, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on October 27 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
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