Graphic Packaging Holding Company (NYSE:GPK) is reporting second quarter earnings results on Tuesday 21st July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.19 per share.
For the full year, analysts predict revenues of $ 6343.82 million, while looking forward to income of $ 0.96 per share.
Previous Quarter Performance
Graphic Packaging Holding Company communicated income for the first quarter of $ 0.31 per share, from the revenue of $ 1,599.00 million. The quarterly earnings increased 47.62 percent while revenues grew 6.18 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.25 per share from $ 1554.25 million in revenue. The bottom line results beat street analysts by $ 0.06 or 24.00 percent, at the same time, top line results outshined analysts by $ 44.75 million or 2.88 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Graphic Packaging Holding Company
Stock Performance
According to the previous trading day, closing price of GPK was $ 14.20, representing a 36.41 % increase from the 52 week low of $ 10.41 and a 16.22 % decrease over the 52 week high of $ 16.95.
The company has a market capital of $ 3.97 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GPK” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
On 13th July 2020, downgraded by Jefferies Financial Group to Hold from Buy rating.
On 15th June 2020, initiated by Morgan Stanley at Overweight rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.075 per share on May 20, 2020. The dividend were payable on July 5, 2020 to holders of record as of the close of business on June 15, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Graphic Packaging Holding Company will be hosting a conference call at 10:00 AM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.graphicpkg.com
Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons and cups, lids, and food containers primarily to consumer packaged goods, quick-service restaurants, and foodservice companies.
