Tredegar Reports Third Quarter 2019 Results

Go back to Tredegar Reports Third Quarter 2019 Results

Tredegar Corp. (TG) Reports Q3 EPS of $0.51

November 6, 2019 5:04 PM EST

Tredegar Corp. (NYSE: TG) reported Q3 EPS of $0.51, versus $1.03 reported last year.

The Company recognized net income of $17.1 million ($0.51 per share) in the third quarter of 2019 compared to a net loss of $34.2 million ($1.03 per share) in the third quarter of 2018. Net income from ongoing operations, which excludes special items, was $11.4 million ($0.34 per share) in the third quarter of 2019 compared with $8.6 million ($0.26 per share) in the third quarter of 2018. A reconciliation of net income (loss), a financial... More