Tredegar Corp. (TG) Reports Q1 EPS of $0.49
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Tredegar Reports First Quarter 2022 Results
May 9, 2022 8:30 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Corporation (NYSE:TG, also the Company or Tredegar) today reported first quarter financial results for the period ended March 31, 2022.
First quarter 2022 net income from continuing operations was $16.5 million (0.49 per diluted share) compared to net income from continuing operations of $9.6 million ($0.29 per diluted share) in the first quarter of 2021. Net income from ongoing operations, which excludes special items, was $16.9 million ($0.50 per diluted share) in the first quarter of 2022 compared with $10.1 million ($0.30 per diluted share) in the first quarter of 2021. A reconciliation of net income (loss) from continuing operations, a financial measure calculated in accordance... More
