WestRock (WRK) Tops Q1 EPS by 1c

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Go back to WestRock (WRK) Tops Q1 EPS by 1c

WestRock Reports Fiscal 2016 First Quarter Results

January 28, 2016 5:20 PM EST

Delivered Solid Operating Results and Strong Free Cash Flow Realizing Strategic Benefits of Merger; On Track to Meet $1 Billion Annualized Synergy and Performance Improvements Objective by the End of Fiscal 2018

NORCROSS, Ga.--(BUSINESS WIRE)--

WestRock Company (WestRock) (NYSE: WRK) today announced results for its fiscal first quarter ended December 31, 2015. Due to the $478 million non-cash goodwill impairment charge associated with the Specialty Chemicals segment, WestRock recorded a loss of $1.76 per diluted share and adjusted earnings of $0.59 per diluted share.

        Three Months Ended December 31, 2015... More