Tredegar Corp. (TG) Reports Q3 EPS of $0.51
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Tredegar Reports Third Quarter 2019 Results
November 6, 2019 4:19 PM ESTRICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Corporation (NYSE:TG, also the Company or Tredegar) today reported third quarter financial results for the period ended September 30, 2019.
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 measure calculated in accordance with U.S. generally accepted accounting... More
