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

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

Graphic Packaging Holding Company Reports Third Quarter 2018 Results

October 23, 2018 6:30 AM EDT

ATLANTA, Oct. 23, 2018 /PRNewswire/ --  

Highlights

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 prior year period. Integration of the SBS mill and foodservice assets on track; successfully targeting $75 million of synergies. Completed acquisition of Letica Foodservice assets... More