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Tredegar: 3Q Earnings Snapshot

RICHMOND, Va. (AP) _ Tredegar Corp. (TG) on Wednesday reported third-quarter net income of $17.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Richmond, Virginia-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring gains, were 34 cents per share.

The plastic films maker posted revenue of $253.9 million in the period.

Tredegar shares have increased 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.61, an increase of 4.5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TG at https://www.zacks.com/ap/TG