earnings
confidence high
sentiment neutral
materiality 0.75
Tredegar Q3 2024 break-even ongoing ops; completes Terphane sale for $78M enterprise value
TREDEGAR CORP
2025-Q3 EPS reported
$0.24
- Q3 2024 net income from ongoing ops $0.2M ($0.01/share) vs loss of $5.1M ($0.15) in Q3 2023.
- GAAP net loss $3.9M ($0.11/share) vs $50.4M loss year-ago.
- Aluminum Extrusions EBITDA $6.2M (up 21%); PE Films EBITDA $5.9M (up from $4.0M).
- Closed sale of Terphane on Nov 1 for $60M cash; enterprise value $78M; additional $7M expected from escrow.
- Net leverage ratio reduced to 1.2x pro forma from 2.3x; USITC trade case vote negative, coalition evaluating options.