Graphic Packaging Holding (NYSE: GPK) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Graphic Packaging Holding met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share increased.
Margins increased across the board.
Revenue details
Graphic Packaging Holding reported revenue of $1.10 billion. The seven analysts polled by S&P Capital IQ hoped for a top line of $1.11 billion on the same basis. GAAP reported sales were 2.9% higher than the prior-year quarter's $1.07 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.11. The seven earnings estimates compiled by S&P Capital IQ averaged $0.08 per share. GAAP EPS were $0.10 for Q3 versus -$0.12 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 17.1%, 280 basis points better than the prior-year quarter. Operating margin was 8.5%, 130 basis points better than the prior-year quarter. Net margin was 3.6%, 800 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $1.08 billion. On the bottom line, the average EPS estimate is $0.08.
Next year's average estimate for revenue is $4.37 billion. The average EPS estimate is $0.35.
Investor sentiment
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 $6.29.
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