Graphic Packaging Holding
The 10-second takeaway
For the quarter ended March 31 (Q1), Graphic Packaging Holding met expectations on revenues and missed estimates on earnings per share.
Compared with the prior-year quarter, revenue increased and GAAP earnings per share contracted significantly.
Gross margins expanded, operating margins dropped, net margins dropped.
Graphic Packaging Holding logged revenue of $1.07 billion. The seven analysts polled by S&P Capital IQ anticipated a top line of $1.07 billion on the same basis. GAAP reported sales were 6.7% higher than the prior-year quarter's $1.00 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.06. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.08 per share. GAAP EPS of $0.04 for Q1 were 50% lower than the prior-year quarter's $0.08 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 15.9%, 10 basis points better than the prior-year quarter. Operating margin was 6.9%, 10 basis points worse than the prior-year quarter. Net margin was 1.6%, 110 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.13 billion. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $4.41 billion. The average EPS estimate is $0.35.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Graphic Packaging Holding is outperform, with an average price target of $6.20.
Over the decades, small-cap stocks like Graphic Packaging Holding have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.
- Add Graphic Packaging Holding to My Watchlist.