Graphic Packaging Holding Company Reports Second Quarter 2019 Results; Announces Acquisition of Artistic Carton Company
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Graphic Packaging (GPK) Tops Q2 EPS by 3c; Reports Acquisition of Artistic Carton Co.
July 23, 2019 6:34 AM EDTGraphic Packaging (NYSE: GPK) reported Q2 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.55 billion.
Q2 Net Sales were $1,552.8 million versus $1,510.9 million in the prior year period.Q2 Earnings per Diluted Share were $0.22 versus $0.16 in the prior year period.Q2 Adjusted Earnings per Diluted Share were $0.24 versus $0.18 in the prior year period.Q2 Net Income was $63.8 million versus $49.4 million in the prior year period.Q2 Adjusted EBITDA was $267.1 million versus $235.8 million in the prior year... More