Tredegar's Q3 earnings soar year over year on robust aluminum extrusion demand and cost controls, despite tariff challenges and mixed order trends.
Higher sales couldn't offset cost hikes and weaker film demand, leading to TG's Q2 year-over-year EPS drop despite aluminum volume gains.
TG's Q1 earnings fall year over year despite a 14% sales rise, as rising aluminum costs and margin pressures impacted profitability, partly offset by strong PE Films gains.
TG incurs a net loss in Q4, narrowing year over year due to the strong PE Films and Aluminum Extrusions segment, but faces headwinds from supply chain challenges.
TG posts a narrower year-over-year loss per share in Q3 as revenues rise 9.5% from gains in PE Films and Aluminum Extrusions, despite ongoing margin pressures from competitive and cost challenges.
Tredegar (TG) reports a Q2 net income of 26 cents per share, driven by strategic cost management and operational improvements, marking a significant recovery from a loss in the prior-year quarter.
VANCOUVER, BC / ACCESSWIRE / June 28, 2024 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement for total proceeds of $1,478,990 (see news release dated May 30, 2024).
Discover why Zacks has rated Tredegar as "Underperform," being the first on Wall Street to initiate coverage on the stock. Delve into the challenges posed by volatile material costs, high debt, fierce competition and economic cycles, despite recent financial rebounds and strategic divestments.