Graphic Packaging Cuts FY23 Revenue Guidance From $10B To $9.5B - $9.6B Vs. $9.77B Est.
Portfolio Pulse from Benzinga Newsdesk
Graphic Packaging has reduced its FY23 revenue guidance from $10B to a range of $9.5B - $9.6B, which is lower than the estimated $9.77B.
October 31, 2023 | 10:35 am
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Graphic Packaging's lowered FY23 revenue guidance may negatively impact its stock price in the short term.
Graphic Packaging's revised FY23 revenue guidance is lower than the estimated $9.77B. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
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