WestRock (WRK) Tops Q4 EPS by 2c, Revenues Miss

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WestRock Reports Strong Fiscal 2018 Fourth Quarter Results - Consolidated Segment EBITDA Increased 26%

November 5, 2018 6:30 AM EST

ATLANTA, Nov. 05, 2018 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal fourth quarter and fiscal year ended September 30, 2018.

Fourth Quarter 2018 Highlights

Earned $1.08 per diluted share, a 42% increase compared to $0.76 per diluted share in the prior year quarter.Earned $1.29 of adjusted earnings per diluted share, a 48% increase compared to the $0.87 of adjusted earnings per diluted share in the prior year quarter.Increased Corrugated Packaging Segment EBITDA by $162 million, or 42%, compared to the prior year... More