Recap: WestRock Q1 Earnings

Shares of WestRock WRK moved higher by 3.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 5.17% over the past year to $0.61, which beat the estimate of $0.54.

Revenue of $4,402,000,000 declined by 0.50% from the same period last year, which beat the estimate of $4,400,000,000.

Outlook

WestRock hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jan 28, 2021

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.westrock.com%2F&eventid=2923534&sessionid=1&key=EE51BC1F4FB5FE6CEDBD194B15922A3C&regTag=&sourcepage=register

Technicals

52-week high: $47.77

52-week low: $21.50

Price action over last quarter: Up 10.20%

Company Profile

WestRock manufactures corrugated packaging and consumer packaging such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second- largest producer of containerboard, which is used in the production of shipping containers.