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Graphic Packaging (GPK)
NYSE:GPK
Holding GPK?
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Earnings Data
Report Date
Feb 04, 2025Before Open Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.62Last Year’s EPS
$0.75Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: -11.43%
|Next Earnings Date:Feb 04, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a company delivering strong financial performance and sustainable innovation amid challenging market conditions, with strategic investments poised to enhance long-term growth. However, volume and sales challenges, as well as unexpected disruptions and cost pressures, present short-term obstacles.Company Guidance
During the Graphic Packaging Q3 2024 earnings call, the company provided guidance for the fourth quarter and beyond, highlighting expectations of continued volume growth between 1% and 2% driven by promotional activities, innovation, and growth in mass retail superstore volumes. The company reported Q3 sales of $2.2 billion, adjusted EBITDA of $433 million, and an adjusted EBITDA margin of 19.5%. For the full year 2024, they anticipate adjusted EBITDA to be between $1.68 billion and $1.73 billion, with adjusted EPS ranging from $2.49 to $2.61. Looking ahead to 2025, Graphic Packaging expects low single-digit sales growth, mid-single-digit adjusted EBITDA growth, and high single-digit adjusted EPS growth, while capital expenditures are projected to decline by approximately $300 million in 2025 from peak 2024 levels.Strong Financial Performance Amid Challenges
Graphic Packaging reported Q3 2024 sales of $2.2 billion, with an adjusted EBITDA of $433 million and an adjusted EPS of $0.64. The adjusted EBITDA margin was a solid 19.5% despite market challenges.
Innovation and Sustainable Practices
The company achieved $54 million in innovation sales growth in Q3 and is on track to deliver $200 million for the full year. A noteworthy innovation is the new sustainable McFlurry packaging for McDonald's, reducing plastic use.
Strategic Investments and Expansion
Investments in the Waco, Texas and Poznan, Poland facilities are progressing well, with the Waco investment expected to enhance service across North America. The Poznan facility's new press strengthens the company's position in the European health and beauty market.
Commitment to Sustainability
A virtual power purchase agreement with Zelestra will help reduce greenhouse gas emissions by 50.4% by 2032 and take the company's renewable electricity equivalent in Europe to approximately 70%.
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GPK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GPK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $30.25 | $28.56 | -5.59% |
| Jul 30, 2024 | $27.82 | $28.89 | +3.85% |
| Apr 30, 2024 | $27.54 | $25.58 | -7.12% |
| Feb 20, 2024 | $24.40 | $25.86 | +5.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Graphic Packaging (GPK) report earnings?
Graphic Packaging (GPK) is schdueled to report earning on Feb 04, 2025, Before Open Not Confirmed.
What is Graphic Packaging (GPK) earnings time?
Graphic Packaging (GPK) earnings time is at Feb 04, 2025, Before Open Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPK EPS forecast?
GPK EPS forecast for the fiscal quarter 2024 (Q4) is $0.62.
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