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Pactiv Evergreen: Disappointing Guidance Update Adds To The Uncertain Outlook

Oct. 01, 2021 12:20 PM ETPactiv Evergreen Inc. (PTVE) Stock1 Comment

Summary

polyethylene laminating and rewinding kind of protective film

kynny/iStock via Getty Images

Pactiv Evergreen (NASDAQ:PTVE) recently revised its fiscal 2021 EBITDA guidance by a considerable $80 - $95 million on the back of resin impacts, flooding at its Canton mill from Tropical Storm Fred, and related labor headwinds. While these issues could prove transitory, the magnitude of the

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Comments (1)

a
Stock has been a dud so far. When this trades at a discount, maybe just maybe I'll have a go....
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