Previous close | 33.43 |
Open | 33.07 |
Bid | 32.91 x 800 |
Ask | 32.93 x 800 |
Day's range | 32.85 - 33.26 |
52-week range | 30.08 - 54.78 |
Volume | |
Avg. volume | 2,014,860 |
Market cap | 8.419B |
Beta (5Y monthly) | 1.16 |
PE ratio (TTM) | 10.63 |
EPS (TTM) | 3.11 |
Earnings date | 03 May 2023 - 08 May 2023 |
Forward dividend & yield | 1.10 (3.29%) |
Ex-dividend date | 09 Feb 2023 |
1y target est | 38.15 |
WestRock (WRK) witnesses a year-over-year decline in earnings and revenues in the first quarter of fiscal 2023 owing to lower volumes and higher costs.
Shares of cardboard box maker WestRock Company (NYSE: WRK), you see, tumbled 14% through 10:30 a.m. ET Wednesday after the company reported an earnings miss and withdrew its guidance for the rest of the year. Instead of the $0.60-per-share adjusted profit and $5.1 billion in sales that Wall Street expected, this morning, WestRock admitted that its fiscal Q1 2023 earnings were only $0.55 per share and its sales $4.9 billion. As I mentioned, even the $0.55 that WestRock did earn last quarter were of the adjusted (i.e., non-GAAP, pro forma) variety.