Tredegar Corp. (TG) Reports Q4 EPS of $0.22
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Tredegar Reports Fourth Quarter and Full Year 2019 Results
March 16, 2020 8:41 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Corporation (NYSE:TG, also the Company or Tredegar) today reported fourth quarter and full year financial results for the period ended December 31, 2019.
Fourth quarter 2019 net loss was $3.1 million ($0.09 per share) compared with net income of $26.2 million ($0.79 per share) in the fourth quarter of 2018. Net income from ongoing operations, which excludes special items, was $7.2 million ($0.22 per share) in the fourth quarter of 2019 and $14.2 million ($0.43 per share) in the fourth quarter of 2018. Full year 2019 net income was $48.3 million ($1.45 per share) compared with net income of $24.8 million ($0.75 per share) in 2018. Net income from ongoing operations, which... More
