Company Performance and Guidance - Graphic Packaging Holding Company (GPK) faced unexpected headwinds in Q3 2024, leading to a lowered full-year outlook [1] - Severe weather in July impacted production at two paperboard manufacturing sites, and an electrical substation issue in August caused further disruptions, resulting in an estimated $20-25 million impact on Q3 adjusted EBITDA [2] - GPK adjusted its 2024 guidance, expecting adjusted EBITDA below the midpoint of the previously announced range of $1,730-$1,830 million and adjusted earnings per share below the midpoint of $2.65-$2.85 [3] - In Q2, GPK reported earnings of 60 cents per share, beating the Zacks Consensus Estimate of 56 cents but down from 66 cents in the year-ago quarter [4] - Q2 revenues were $2.24 billion, missing the consensus estimate of $2.29 billion and down 6.5% from $2.39 billion in the year-ago quarter [4] Stock Performance - GPK shares gained 36.4% in the past year, outperforming the industry's 25% growth [5] - GPK currently holds a Zacks Rank 3 (Hold) [5] Industry Comparison - Better-ranked stocks in the Industrial Products sector include Crane Company (CR), Flowserve Corporation (FLS), and Cintas Corporation (CTAS), all with a Zacks Rank 2 (Buy) [6] - Crane Company (CR) has a Zacks Consensus Estimate of $5.07 per share for 2024, with a 6% upward revision in the past 60 days and a trailing four-quarter average earnings surprise of 11.2% [7] - Flowserve Corporation (FLS) has a Zacks Consensus Estimate of $2.76 per share for 2024, indicating 31.6% year-over-year growth, with a 4% upward revision in the past 60 days and a trailing four-quarter average earnings surprise of 18.2% [8] - Cintas Corporation (CTAS) has a Zacks Consensus Estimate of $16.64 per share for 2024, with a 1% upward revision in the past 60 days and a trailing four-quarter average earnings surprise of 4% [9]

ATLANTA, Sept. 3, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging", the "Company"), a global leader in sustainable consumer packaging, today provided an update on operating conditions in the third quarter and on its full-year 2024 outlook. During July, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost prod ...

ATLANTA, Aug. 22, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Mark W. Connelly, Senior Vice President, Investor Strategy and Development, will present at the Stifel London Industrials Summit on Wednesday, September 4th at 7:00am ET. The discussion will be in the form of a fireside chat and will be available live and in replay via webcast and can be accessed from the Investors section of the Graphic Packaging website at https: ...

Company advances sustainability and aspires to Net Zero Greenhouse Gas emissions by 2050 ATLANTA, Aug. 14, 2024 /PRNewswire/ -- Graphic Packaging International, LLC, a global leader in sustainable consumer packaging, today announced its aspiration to achieve Net Zero Greenhouse Gas emissions by 2050 in conjunction with the release of its 2023 Environmental, Social and Governance report. The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by ...

Images By Tang Ming Tung/DigitalVision via Getty Images Synopsis Graphic Packaging Holding (NYSE:GPK) is one of the market leaders in sustainable consumer packaging, offering unique and innovative packaging products for food service, food & beverages, household and other consumer products. The firm has been reporting strong year-over-year growth up until FY23 as volume stabilizes. It has also demonstrated significant growth in its profitability margins throughout the years. As the EU's regulation on packagi ...

Gam1983/iStock via Getty Images Introduction I previously covered Graphic Packaging Holding Company (NYSE:NYSE:GPK) back in February 2024. At the time, my investment thesis was based around the fact that the company was on track for accretive growth capital spend, margin expansion and significant creation of shareholder value driven largely by rising earnings. Over the years, capital allocation at Graphic Packaging has been focused on cost reduction and rationalization of the upstream mill system as well as ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (770) 240-7200 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act. Indicate ...

Graphic Packaging (GPK) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this packaging company would post earnings of $0.63 per share when it actually produced earnings of $0.66, delivering a surprise of 4.76%. Over the last four quarters, t ...

Second Quarter 2024 Financial Results ATLANTA, July 30, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), a leader in sustainable consumer packaging, today reported second quarter 2024 results. Michael Doss, the Company's President and CEO said, "Second quarter played out largely as expected, with continued strength in Foodservice and Beverage results, and strong execution driving solid Adjusted EBITDA. Consumers are responding to higher prices by shifting their purchasing ...

Group 1 - Graphic Packaging Holding Company is focused on designing and producing consumer packaging primarily from renewable or recycled materials, aiming to reduce the environmental footprint of consumer packaging [1][3] - The company operates a global network of design and manufacturing facilities that serve well-known brands in various sectors including food, beverage, and household products [1] - The appointment of Andy Callahan to the board is expected to enhance the company's growth trajectory, leveraging his extensive experience in driving growth for major consumer brands [1][3] Group 2 - Michael P. Doss, President and CEO of Graphic Packaging, emphasized the company's unmatched portfolio of sustainable packaging solutions and the importance of innovation in meeting consumer preferences [3] - Andy Callahan has a strong background in the food industry, having served in leadership roles at Hostess Brands, Tyson Foods, Hillshire Brands, and Sara Lee Corporation, which adds valuable expertise to the board [4]