---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-052120"
form_type: "8-K"
ticker: null
cik: "0001527508"
company_name: "Pactiv Evergreen Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:25:11.970833+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Pactiv Evergreen Q1 revenue $1.25B (-13% YoY); adj. EPS $0.14; declares $0.10 dividend

## Summary
- Net revenue $1,252M, down 13% YoY; net income $10M vs loss $133M YoY.
- Adjusted EBITDA $168M vs $189M YoY; adjusted EPS $0.14 vs $0.13 YoY.
- Credit facility amended to $1.1B capacity, maturity extended to May 2029.
- Quarterly dividend $0.10/share, payable June 14 to holders of record May 31.
- Reaffirming 2024 guidance; expects cost savings from footprint optimization starting 2025.

## SEC filing metadata
- accession: 0000950170-24-052120
- form_type: 8-K
- cik: 0001527508
- company_name: Pactiv Evergreen Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527508/000095017024052120/0000950170-24-052120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527508/000095017024052120/ptve-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-052120
- JSON: https://secwatch.observer/filing/0000950170-24-052120.json
- Plain text: https://secwatch.observer/filing/0000950170-24-052120.txt

## Key facts
- Earnings Releases
  Pactiv Evergreen Inc. reported first quarter of 2024 results: revenue $1,252 million, net income $10 million, EPS $0.04. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Revenue: $1,252 million
  - Net income: $10 million
  - EPS: $0.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2024 Financial Results Solid operating performance despite macro challenges; Reiterating 2024 guidance First Quarter 2024 Financial Highlights: • Net Revenues of $1,252 million for the first quarter of 2024 were down 13% compared to $1,431 million in the first quarter of 2023 and down 2% compared to $1,274 million in the fourth quarter of 2023. • Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527508/000095017024052120/0000950170-24-052120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.