Core Viewpoint - Smurfit Westrock Plc is a significant player in sustainable packaging solutions, with expectations for strong profit growth in the upcoming quarter despite a history of missing analyst estimates [1][2][3]. Company Overview - Smurfit Westrock Plc is headquartered in Dublin, Ireland, and operates in 40 countries with over 500 production sites, focusing on recyclable and renewable materials [1]. - The company has a market capitalization of $22.49 billion [1]. Financial Performance - The company is expected to report a 41.7% year-over-year profit increase for Q3, projecting earnings of $0.68 per diluted share [2]. - For the current fiscal year, profit is projected to grow by 8.2% to $2.25 per diluted share, followed by a significant 52% increase to $3.42 per diluted share in the next fiscal year [3]. Stock Performance - Smurfit's stock has experienced volatility, dropping 6.1% over the past 52 weeks and 20% year-to-date, underperforming the S&P 500 Index, which gained 16.9% and 15.5% respectively [5]. - Compared to the Consumer Discretionary Select Sector SPDR Fund, Smurfit's stock has also underperformed, with the ETF gaining 18.7% over the past 52 weeks and 5.9% year-to-date [6]. Recent Developments - In the second quarter, Smurfit reported a mixed performance, with net sales increasing by 167.4% year-over-year to $7.94 billion, but incurring $280 million in restructuring costs, resulting in a net loss of $26 million [7].
Here's What to Expect From Smurfit Westrock’s Next Earnings Report