Tredegar Corp. (TG) Misses Q2 EPS by 11c, Sales In-Line
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Tredegar Reports Second-Quarter 2016 Results
August 2, 2016 4:15 PM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Corporation (NYSE:TG, also the Company or Tredegar) today reported second quarter financial results for the three and six month periods ended June 30, 2016.
Second quarter 2016 net income was $3.4 million ($0.10 per share) compared with net income of $0.6 million ($0.02 per share) in the second quarter of 2015. Net income from ongoing operations, which excludes the special items shown in the table below, was $4.4 million ($0.13 per share) in the second quarter of 2016 and $3.2 million ($0.10 per share) in the second quarter of 2015. A reconciliation of net income, a financial measure calculated in accordance with U.S. generally accepted... More
