Graphic Packaging Holding Co reports results for the quarter ended in September - Earnings Summary

Graphic Packaging Holding

31/10/2023 13:32

* Graphic Packaging Holding Co  GPK.N  reported quarterly
adjusted
earnings of 74 cents​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 71 cents per share.
    * Revenue fell 4.2% to $2.35 billion from a year ago;
analysts
expected $2.47 billion. 
    * Graphic Packaging Holding Co's reported EPS for the
quarter was
55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Graphic Packaging Holding Co shares had fallen by 6.3%
this
quarter and lost 6.2% so far this year.
    * The company reported quarterly net income of $170 million.
    * Wall Street's median 12-month price target for Graphic
Packaging
Holding Co is $29.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.71           0.74           Beat
 Jun. 30 2023      0.73           0.66           Missed
 Mar. 31 2023      0.63           0.77           Beat
 Dec. 31 2022      0.58           0.59           Beat