Graphic Packaging (GPK) to Release Earnings on Tuesday

Graphic Packaging (NYSE:GPK) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Graphic Packaging (NYSE:GPK) last released its quarterly earnings results on Tuesday, July 23rd. The industrial products company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.22 by $0.02. Graphic Packaging had a return on equity of 12.94% and a net margin of 4.32%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period last year, the business posted $0.18 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts expect Graphic Packaging to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

GPK opened at $14.67 on Friday. Graphic Packaging has a 52 week low of $10.04 and a 52 week high of $15.58. The business has a fifty day simple moving average of $14.23 and a 200-day simple moving average of $13.79. The firm has a market cap of $4.30 billion, a P/E ratio of 18.11, a P/E/G ratio of 1.29 and a beta of 1.35. The company has a quick ratio of 0.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46.

The business also recently disclosed a quarterly dividend, which was paid on Saturday, October 5th. Stockholders of record on Sunday, September 15th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Thursday, September 12th. Graphic Packaging’s payout ratio is currently 37.04%.

GPK has been the topic of several analyst reports. Citigroup increased their price objective on Graphic Packaging from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. Zacks Investment Research cut Graphic Packaging from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. Finally, KeyCorp reiterated a “hold” rating on shares of Graphic Packaging in a research note on Thursday, September 26th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Graphic Packaging has a consensus rating of “Hold” and an average target price of $16.00.

About Graphic Packaging

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.

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Earnings History for Graphic Packaging (NYSE:GPK)

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