Tredegar Q1 net income $3.3M ($0.10/diluted) vs loss; ongoing EPS $0.16

TREDEGAR CORP

2024-FY EPS reported $0.10

Net income from ongoing operations $5.6M ($0.16/diluted) vs $2.5M ($0.07) YoY.
Aluminum Extrusions EBITDA ongoing $12.5M, down from $14.6M YoY; volume 33.8M lbs (-9.9%).
PE Films EBITDA $6.9M (vs $1.8M YoY) on volume 10.0M lbs (+35%).
DOC prelim ruling: aluminum extrusions from 14 countries sold at less-than-fair value.
Net leverage 3.8x at Q1 end vs 3.9x Q4 2023; Terphane sale progressing.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

TREDEGAR CORP reported first quarter ended March 31, 2024 results: net income $3.3 million ($0.10 per diluted share).

Period: first quarter ended March 31, 2024
Net income: $3.3 million ($0.10 per diluted share)
Result: reported results

Exact text from the filing

On May 09, 2024 , Tredegar Corporation announced its results of operations for the first quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0000850429-24-000013

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