Graphic Packaging Holding Company Reports Third Quarter 2020 Results; Net Organic Sales Growth Exceeds 4%
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Graphic Packaging (GPK) Tops Q3 EPS by 4c, Revenues Beat
October 20, 2020 6:33 AM EDTGraphic Packaging (NYSE: GPK) reported Q3 EPS of $0.26, $0.04 better than the analyst estimate of $0.22. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.64 billion.
Q3 2020 Highlights
Net Sales were $1,697.7 million versus $1,581.6 million in the prior year period.Net organic sales increased 4.2% in the quarter and increased 3.5% for the first nine months of 2020 versus the prior year period.Net Income was $63.7 million versus $52.1... More