Stock Analysis

Graphic Packaging Holding Full Year 2023 Earnings: Revenues Disappoint

NYSE:GPK
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Graphic Packaging Holding (NYSE:GPK) Full Year 2023 Results

Key Financial Results

  • Revenue: US$9.43b (flat on FY 2022).
  • Net income: US$723.0m (up 39% from FY 2022).
  • Profit margin: 7.7% (up from 5.5% in FY 2022).
  • EPS: US$2.35 (up from US$1.69 in FY 2022).
earnings-and-revenue-growth
NYSE:GPK Earnings and Revenue Growth February 22nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Graphic Packaging Holding Revenues Disappoint

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Packaging industry in the US.

Performance of the American Packaging industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Graphic Packaging Holding that you need to be mindful of.

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