Graphic Packaging Holding Q4 Profit Rises - Quick Facts

(RTTNews) - Graphic Packaging Holding Company (GPK), a provider of packaging solutions to food, beverage and other consumer products companies, reported that its fourth-quarter net income increased to $46.0 million, or $0.13 per share, from $22.9 million, or $0.06 per share, last year. Adjusted net income was $58.6 million, or $0.17 per share, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.10 for the quarter. Analysts' estimates typically exclude special items.

Net Sales increased 2.0% to $1.075 billion, from $1.053 billion, prior year. Analysts expected the company to report revenue of $1.09 billion for the quarter.