Categories Earnings, Other Industries
Earnings Summary: A snapshot of WestRock Company’s Q4 2023 results
WestRock Company (NYSE: WRK), a provider of packaging solutions, on Thursday announced results for the fourth quarter and fiscal 2023. Revenues and adjusted earnings declined during the three-month period.
- Fourth-quarter adjusted earnings declined sharply to $0.81 per share from $1.43 per share in the same period of last year
- On a reported basis, the company posted earnings of $0.43 per share, which is sharply lower than last year’s $1.34/share
- Net income attributable to the company came in at 109.8 million in Q4, compared to $344.5 million last year
- At $4.99 billion, September quarter net sales were down 8% from the year-ago quarter
- Consolidated Adjusted EBITDA was $736 million; Corrugated Packaging segment adjusted EBITDA increased 13.0%
- The company announced a proposed business combination with Smurfit Kappa Group plc, to create a global leader in sustainable packaging
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
