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

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WestRock Reports Fiscal 2019 First Quarter Results

January 31, 2019 6:30 AM EST

ATLANTA, Jan. 31, 2019 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2018.

First Quarter 2019 Highlights

Earned $0.54 per diluted share and $0.83 of adjusted earnings per diluted share compared to $4.38 per diluted share and $0.87 of adjusted earnings per diluted share in the prior year quarter. The effective tax rate was 31.0% and the adjusted tax rate was 23.3%.The Companys first quarter of fiscal 2018 results included an... More