Smurfit WestRock Q2 EPS $0.51, Sales $2.97B Miss $3.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Smurfit WestRock (NYSE:SW) reported Q2 earnings per share of $0.51, missing the analyst consensus estimate of $0.94 by 45.74%. Quarterly sales were $2.97 billion, also missing the estimate of $3.11 billion by 4.63%. Both earnings and sales decreased compared to the same period last year.
July 30, 2024 | 8:16 pm
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Smurfit WestRock reported Q2 EPS of $0.51, missing estimates by 45.74%, and sales of $2.97B, missing estimates by 4.63%. Both earnings and sales decreased compared to the same period last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in both metrics, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100