• Smurfit WestRock PLC SW.N reported quarterly adjusted earnings of 58 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of nine analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 59 cents to 75 cents per share.

• Revenue rose 4.3% to $8.00 billion from a year ago; analysts expected $7.90 billion.

• Smurfit WestRock PLC's reported EPS for the quarter was 47 cents​.

• The company reported quarterly net income of $246 million.

• Smurfit WestRock PLC shares had risen by 1.2% this quarter and lost 20.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the paper packaging peer group is also "buy"

• Wall Street's median 12-month price target for Smurfit WestRock PLC is $55.50, about 22.4% above its last closing price of $43.09

This summary was machine generated from LSEG data October 29 at 12:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)