Graphic Packaging Holding (NYSE:GPK) is set to give its latest quarterly earnings report on Tuesday, 2023-05-02. Here’s what investors need to know before the announcement.
Analysts estimate that Graphic Packaging Holding will report an earnings per share (EPS) of $0.62.
Graphic Packaging Holding bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here’s a look at Graphic Packaging Holding’s past performance and the resulting price change:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.57 | 0.35 | ||
| EPS Actual | 0.59 | 0.67 | 0.6 | 0.48 |
| Price Change % | 4.47% | 1.36% | -1.02% | 1.03% |
Stock Performance
Shares of Graphic Packaging Holding were trading at $24.66 as of April 28. Over the last 52-week period, shares are up 12.49%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
