WestRock Company Delivers a Heavy Set of Numbers and Growth Expectations [The Motley Fool]
Westrock Company (WRK)
Last westrock company earnings: 1/30 06:30 am
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Source: The Motley Fool
WestRock's second-quarter earnings report proves the company is bang on the growth track. As the second-largest packaging manufacturer in the world, WestRock Company ( NYSE:WRK ) is making the most of the underlying strength in the global paper and packaging market. After kicking off fiscal 2018 on a strong note, WestRock just confirmed the high growth potential that lies ahead when it released its second-quarterly earnings report on April 27. Yet the market wasn't impressed, and as of this writing WestRock shares have already dropped almost 8% since the earnings release. What didn't the market like about WestRock's strong set of numbers and outlook? Let's find out. WestRock Q2 results: The raw numbers The first quarter was an exceptional one for WestRock thanks to a huge tax benefit, but a strong normalized second quarter suggests the momentum is here to stay. Metric Q2 2018 Q2 2017 Year-Over-Year Change Net sales $4 billion $3.66 billio
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WRK
News
- WestRock (NYSE: WRK) had its price target raised by analysts at Truist Financial Co. from $42.00 to $51.00. They now have a "hold" rating on the stock.MarketBeat
- WestRock (NYSE: WRK) had its price target raised by analysts at Argus from $50.00 to $57.00. They now have a "buy" rating on the stock.MarketBeat
- WestRock (NYSE: WRK) had its price target raised by analysts at Wells Fargo & Company from $46.00 to $51.00. They now have an "equal weight" rating on the stock.MarketBeat
- MONDY vs. WRK: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- WestRock (WRK) Q2 Earnings Beat Estimates, Revenues Miss [Yahoo! Finance]Yahoo! Finance
WRK
Earnings
- 5/2/24 - Beat
WRK
Sec Filings
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- WRK's page on the SEC website