Smurfit Westrock: Q2 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Smurfit Westrock Plc (SW) on Tuesday reported second-quarter net income of $132 million.

On a per-share basis, the Atlanta-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring costs, came to 69 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The paper and packaging company posted revenue of $2.97 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SW at https://www.zacks.com/ap/SW

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 This material may not be published, broadcast, written or redistributed.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