Graphic Packaging (GPK) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this packaging company would post earnings of $0.56 per share when it actually produced earnings of $0.60, delivering a surprise of 7.14%.Over the last four quarters, th ...

Third Quarter 2024 Highlights Return to positive packaging volume growth Innovation Sales Growth of $54 million Virtual Power Purchase Agreement advances commitment to reduce greenhouse gas emissions in EuropeThird Quarter 2024 Financial Results Net Sales $2,216 million, versus $2,349 million in 2023 Net Income $165 million, versus $170 million in 2023 Adjusted EBITDA $433 million, versus $482 million in 2023 Adjusted EBITDA Margin 19.5%, versus 20.5% in 2023 Earnings per Diluted Share $0.55, versus $0.55 i ...

I can't really explain why, but I have always been a fan of the packaging industry. During the years of the COVID-19 pandemic, many companies in this space performed exceptionally well. Inflationary pressures gave them the opportunity to hike Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in- ...

ATLANTA, Sept. 19, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging", the "Company"), a global leader in sustainable consumer packaging, will announce third quarter 2024 financial results before the market opens on Tuesday, October 29th, with a call to discuss results at 10:00 a.m. ET. The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/. Participants may also listen via ...

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]

Core Viewpoint - Graphic Packaging Holding Company has provided an update on its operating conditions for the third quarter and its full-year 2024 outlook, indicating a reduction in expected financial performance due to recent operational disruptions [1][2]. Group 1: Operational Challenges - Severe weather in July led to reduced production at two paperboard manufacturing facilities [2]. - An electrical substation damage in August at a third facility caused additional production disruptions and restart costs [2]. - Collectively, these events are expected to reduce Adjusted EBITDA by approximately $20 million to $25 million in the third quarter [2]. Group 2: Financial Outlook - The company now anticipates that its full-year 2024 results will fall below the midpoint of the previously announced Adjusted EBITDA guidance range of $1,730 million to $1,830 million [2]. - The Adjusted EPS guidance range has also been adjusted downward from $2.65 to $2.85 [2]. Group 3: Recovery and Service Levels - All affected facilities have resumed normal operations, and customer service levels were not impacted by the disruptions [3]. Group 4: Company Overview - Graphic Packaging is a leader in sustainable consumer packaging, focusing on designs made primarily from renewable or recycled materials [8]. - The company operates a global network of design and manufacturing facilities, serving well-known brands across various sectors including food and beverage [8].

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 ...