Benzinga | Oct 20, 2020 07:07AM EDT

Graphic Packaging: Q3 Earnings Insights

Shares of Graphic Packaging Holding (NYSE:GPK) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 30.00% over the past year to $0.26, which beat the estimate of $0.22.

Revenue of $1,698,000,000 up by 7.33% year over year, which beat the estimate of $1,640,000,000.

Outlook

Graphic Packaging Holding hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 20, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.graphicpkg.com%2F&eventid=2633674&sessionid=1&key=229D93A4645946B9004B7909763EDC73&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $16.95

52-week low: $10.40

Price action over last quarter: Up 0.21%

Company Description

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.