NYSE$TG
Tredegar Corporation · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Tredegar's profitability and margins, excluding inventory adjustments, improved during the third quarter versus last year despite flat sales volume and inflationary cost pressures.
Tredegar Corporation reported third quarter 2022 financial results with a net income from continuing operations of $1.0 million (0.03 per diluted share), compared to $6.2 million ($0.19 per diluted share) in Q3 2021. Net income from ongoing operations, excluding special items, was $4.8 million ($0.14 per diluted share) in Q3 2022, versus $7.2 million ($0.22 per diluted share) in Q3 2021.
- Aluminum Extrusions' EBITDA from ongoing operations was consistent compared to Q3 2021.
- PE Films' EBITDA from ongoing operations was lower than Q3 2021 due to soft demand and customer inventory corrections.
- Flexible Packaging Films' EBITDA from ongoing operations was slightly higher than Q3 2021 due to higher selling prices and sales volume.
- Debt net of cash increased during the first nine months of the year due to a pension plan contribution and higher working capital.
Headline financials
Revenue & EPS history
Tredegar · Revenue · Quarterly
$238M
Revenue by segment
Tredegar · $182M total across 2 segments · Q3 2022
- Aluminum Extrusions$162M—89.0%
- PE Films$20.1M—11.0%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-1.0%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+2.4%
Avg return
30 days after
41%
26 / 64 earnings
Positive
+27.2%
Q4 2019
Best reaction
-20.9%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +1.0% | -21.4% | -23.3% | |
| Q3 2025 | +19.4% | +22.7% | +10.6% | |
| Q2 2025 | -0.1% | -7.1% | -3.9% | |
| Q1 2025 | -1.2% | +0.0% | +3.2% | |
| Q4 2024 | +0.0% | -2.7% | -5.6% | |
| Q3 2024 | -19.9% | -18.9% | -11.7% | |
| Q1 2024 | +2.0% | +3.0% | -16.0% | |
| Q4 2023 | +23.4% | +43.1% | +60.8% | |
| Q3 2023 | -3.3% | +6.8% | +5.5% | |
| Q2 2023 | -17.7% | -19.6% | -12.2% | |
| Q1 2023 | -15.0% | -19.3% | -17.5% | |
| Q4 2022 | -12.0% | -12.2% | -10.8% | |
| Q3 2022 | -5.4% | -7.8% | -2.0% | |
| Q2 2022 | +6.3% | +11.2% | -1.7% | |
| Q1 2022 | +0.4% | -2.5% | +9.3% | |
| Q4 2021 | +2.7% | +7.7% | +0.3% | |
| Q3 2021 | +3.9% | +3.5% | -9.3% | |
| Q2 2021 | +1.9% | +3.3% | +3.8% | |
| Q1 2021 | -4.2% | -4.0% | +1.4% | |
| Q4 2020 | -5.0% | -6.7% | -13.3% | |
| Q3 2020 | +11.8% | +7.8% | +58.7% | |
| Q2 2020 | +9.9% | +12.9% | +4.9% | |
| Q1 2020 | -13.1% | -14.0% | +2.3% | |
| Q4 2019 | +27.2% | +2.5% | +18.8% | |
| Q3 2019 | +4.5% | +6.7% | +8.6% | |
| Q2 2019 | +7.6% | +14.6% | +12.3% | |
| Q1 2019 | -1.2% | -4.4% | -6.0% | |
| Q4 2018 | +16.2% | +4.2% | +11.2% | |
| Q3 2018 | -18.1% | -20.3% | -21.9% | |
| Q2 2018 | -20.9% | -14.6% | -15.7% | |
| Q1 2018 | +7.7% | +9.9% | +35.5% | |
| Q4 2017 | -5.2% | +5.5% | +2.7% | |
| Q3 2017 | +1.9% | +1.6% | +5.6% | |
| Q2 2017 | +7.9% | +12.3% | +7.9% | |
| Q1 2017 | -1.8% | -1.2% | -2.4% | |
| Q4 2016 | -14.3% | -17.4% | -25.6% | |
| Q3 2016 | -5.1% | -6.5% | +20.5% | |
| Q2 2016 | -4.1% | -1.8% | +5.4% | |
| Q1 2016 | -3.2% | — | — | |
| Q4 2015 | +16.2% | — | — | |
| Q3 2015 | -1.9% | — | — | |
| Q2 2015 | -15.0% | — | — | |
| Q1 2015 | -0.4% | — | — | |
| Q4 2014 | -4.0% | — | — | |
| Q3 2014 | -5.6% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -4.3% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | -8.3% | — | — | |
| Q2 2013 | -6.8% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | +6.6% | — | — | |
| Q3 2012 | +15.8% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q1 2011 | -12.2% | — | — | |
| Q1 2012 | +4.7% | — | — | |
| Q4 2009 | -8.8% | — | — | |
| Q4 2011 | -8.8% | — | — | |
| Q3 2011 | +7.2% | — | — | |
| Q3 2010 | +7.2% | — | — | |
| Q2 2011 | -7.7% | — | — | |
| Q2 2010 | -7.7% | — | — | |
| Q4 2010 | -7.7% | — | — | |
| Q2 2009 | -5.8% | — | — |
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