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0.00138985406532311 0.000694927032661556 -0.000694927032661556 0.00034746351633084 0.00173731758165395 -0.00208478109798467 -0.00729673384294652 -0.00486448922863101
Stock impact report

Graphic Packaging Updates on Q3 Operations, Lowers '24 Outlook [Yahoo! Finance]

Graphic Packaging Holding Company (GPK) 
Last graphic packaging holding company earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Severe Weather Impacts GPK's Q3 Production Severe weather conditions in July impacted the production at two paperboard manufacturing sites. In August, an electrical substation at a third site suffered damage. This caused further interruption and lost production. These events are likely to have an impact of $20-25 million on the third quarter's adjusted EBITDA. Despite these setbacks, GPK has swiftly restored normal operations. Graphic Packaging Lowers 2024 Guidance To reflect these events, the company has adjusted its yearly guidance . It anticipates 2024 results below the mid-point of the previously announced range. GPK previously expected adjusted EBITDA of $1,730-$1,830 million. GPK expects adjusted earnings per share below the mid-point of $2.65-$2.85. GPK Q2 Performance Graphic Packaging reported quarterly earnings of 60 cents per share, which beat the Zacks Consensus Estimate of 56 cents. This compares with earnings of 66 cents per share in the year-ago quarter. Show less Read more
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