Tredegar (TG) to Release Quarterly Earnings on Thursday

Tredegar (NYSE:TG) will post its quarterly earnings results after the market closes on Thursday, August 8th.

Tredegar (NYSE:TG) last announced its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.22 EPS for the quarter. The company had revenue of $248.47 million during the quarter. Tredegar had a net margin of 2.51% and a return on equity of 11.68%.

Shares of TG stock traded down $0.20 during midday trading on Tuesday, hitting $15.66. 600 shares of the company were exchanged, compared to its average volume of 89,582. The stock has a market cap of $532.18 million, a price-to-earnings ratio of 12.72 and a beta of 1.04. The company has a quick ratio of 1.23, a current ratio of 1.88 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average price of $16.57. Tredegar has a 52 week low of $14.85 and a 52 week high of $23.70.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a dividend of $0.12 per share. This is an increase from Tredegar’s previous quarterly dividend of $0.11. The ex-dividend date is Thursday, September 12th. This represents a $0.48 annualized dividend and a dividend yield of 3.07%.

Separately, ValuEngine downgraded shares of Tredegar from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th.

About Tredegar

Tredegar Corporation, through its subsidiaries, manufactures and sells polyethylene (PE) plastic films, polyester films, and aluminum extrusions worldwide. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. The PE Films segment offers personal care materials, such as apertured films and laminate materials for use in feminine hygiene products, baby diapers, and adult incontinence products under the ComfortAire, ComfortFeel, and FreshFeel brands; elastic materials for use as components for baby diapers, adult incontinence products, and feminine hygiene products under the ExtraFlex and FlexAire brands; and three-dimensional apertured film transfer layers for baby diapers and adult incontinence products under the AquiSoft, AquiDry, and AquiDry Plus brands.

Recommended Story: The mechanics of the bid-ask spread in trading

Earnings History for Tredegar (NYSE:TG)

Receive News & Ratings for Tredegar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tredegar and related companies with MarketBeat.com's FREE daily email newsletter.