Graphic Packaging: Q1 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Graphic Packaging Holding Co. (GPK) on Tuesday reported first-quarter net income of $165 million.

On a per-share basis, the Atlanta-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The packaging company posted revenue of $2.26 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $2.39 billion.

Graphic Packaging expects full-year earnings in the range of $2.65 to $2.85 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GPK at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up