Graphic Packaging Holding (GPK) reported Q3 adjusted earnings Tuesday of $0.64 per diluted share, down from $0.74 a year earlier.
Analysts polled by Capital IQ expected $0.69.
Net sales for the quarter ended Sept. 30 was $2.22 billion, down from $2.35 billion a year earlier.
Analysts surveyed by Capital IQ expected $2.28 billion.
For 2024, the company said it now expects adjusted diluted EPS in the range of $2.49 to $2.61, down from its prior outlook of $2.65 to $2.85. Analysts polled by Capital IQ expect $2.65.
Price: 30.34, Change: -0.01, Percent Change: -0.03