Graphic Packaging Holding Q2 Adj. EPS $0.66 Misses $0.75 Estimate, Sales $2.39B Miss $2.47B Estimate
Portfolio Pulse from Benzinga Newsdesk
Graphic Packaging Holding (NYSE:GPK) reported Q2 earnings of $0.66 per share, missing the analyst consensus estimate of $0.75 by 12%. The company also reported quarterly sales of $2.39 billion, missing the analyst consensus estimate of $2.47 billion by 3.28%. However, both earnings and sales increased compared to the same period last year.
August 01, 2023 | 10:37 am
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Graphic Packaging Holding's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Graphic Packaging Holding reported lower than expected earnings and sales for Q2. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100