WestRock (WRK) Tops Q1 EPS by 2c, Revenues Miss

WestRock (NYSE: WRK) reported Q1 EPS of $0.83, $0.02 better than the analyst estimate of $0.81. Revenue for the quarter came in at $4.33 billion versus the consensus estimate of $4.54 billion.

“We completed the KapStone acquisition and have moved quickly to integrate these operations into our company. The WestRock team overcame the challenges of Hurricane Michael and high input costs to deliver solid financial and operating results for the first fiscal quarter,” said Steve Voorhees, WestRock’s chief executive officer. “Our outlook for fiscal 2019 and beyond remains positive as we invest to improve our cost structure and advance our differentiated strategy. We remain focused on delivering exceptional value for our customers and our stockholders.”

For earnings history and earnings-related data on WestRock (WRK) click here.

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