Graphic Packaging Holding Company Reports Third Quarter 2018 Results

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Go back to Graphic Packaging Holding Company Reports Third Quarter 2018 Results

Graphic Packaging Holding Company (GPK) PT Lowered to $15 at RBC Capital

October 25, 2018 7:23 AM EDT

RBC Capital analyst Arun Viswanathan lowered the price target on Graphic Packaging Holding Company (NYSE: GPK) to $15.00 (from $17.00) while maintaining a Outperform rating.

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Graphic Packaging (GPK) Misses Q3 EPS by 2c, Revenues Miss

October 23, 2018 6:34 AM EDT

Graphic Packaging (NYSE: GPK) reported Q3 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $1.53 billion versus the consensus estimate of $1.57 billion.

Q3 Net Sales were $1,530.0 million versus $1,137.6 million in the prior year period.Q3 Earnings per Diluted Share were $0.30 versus $0.15 in the prior year period.Q3 Adjusted Earnings per Diluted Share were $0.22 versus $0.18 in the prior year period.Q3 Net Income was $94.3 million versus $47.3 million in the prior year period.Q3 Adjusted EBITDA was $256.3 million versus $188.3 million in the... More