Earnings To Watch: Graphic Packaging Holding (GPK) Reports Q4 Results Tomorrow

StockStory
03 Feb
Earnings To Watch: Graphic Packaging Holding (GPK) Reports Q4 Results Tomorrow

Consumer packaging solutions provider Graphic Packaging Holding (NYSE:GPK) will be reporting earnings tomorrow before market hours. Here’s what to expect.

Graphic Packaging Holding missed analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $2.22 billion, down 5.7% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS and sales volume estimates.

Is Graphic Packaging Holding a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Graphic Packaging Holding’s revenue to decline 4.4% year on year to $2.15 billion, improving from the 5.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.63 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Graphic Packaging Holding’s peers in the industrial packaging segment, some have already reported their Q4 results, giving us a hint as to what we can expect. International Paper posted flat year-on-year revenue, missing analysts’ expectations by 3.8%, and Packaging Corporation of America reported revenues up 10.7%, topping estimates by 0.6%. International Paper traded down 4.2% following the results while Packaging Corporation of America was also down 9.8%.

Read our full analysis of International Paper’s results here and Packaging Corporation of America’s results here.

Investors in the industrial packaging segment have had steady hands going into earnings, with share prices flat over the last month. Graphic Packaging Holding is up 3.8% during the same time and is heading into earnings with an average analyst price target of $32.54 (compared to the current share price of $27.44).

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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