Graphic Packaging's stock surged 7.80% during pre-market trading on Tuesday, following the release of its first-quarter 2026 financial results.

The sustainable packaging maker reported adjusted earnings per share of $0.09, significantly beating the analyst consensus estimate of $0.06. Quarterly sales reached $2.156 billion, also surpassing expectations of $2.054 billion. The company attributed sales growth to a 1% increase in volume and a favorable foreign exchange impact.

Additionally, Graphic Packaging highlighted progress on its cost reduction commitment of $60 million, which includes streamlining the organization through a workforce reduction of over 500 roles. The company also reaffirmed its full-year 2026 guidance for net sales, adjusted EBITDA, and adjusted cash flow, providing confidence in its financial outlook.