WestRock (NYSE:WRK) will release its earnings data before the market opens on Friday, April 27th. Analysts expect WestRock to post earnings of $0.91 per share for the quarter.
WestRock (NYSE:WRK) last issued its quarterly earnings results on Monday, January 29th. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.12. WestRock had a net margin of 11.51% and a return on equity of 7.45%. The firm had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.95 billion. During the same period in the previous year, the business earned $0.47 EPS. The company’s revenue was up 13.0% compared to the same quarter last year. On average, analysts expect WestRock to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of WRK stock opened at $66.61 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.74 and a debt-to-equity ratio of 0.47. WestRock has a 1 year low of $51.22 and a 1 year high of $71.55. The firm has a market capitalization of $16,863.91, a price-to-earnings ratio of 25.42, a price-to-earnings-growth ratio of 1.26 and a beta of 1.37.
In related news, Director John A. Luke, Jr. sold 7,236 shares of WestRock stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $67.06, for a total transaction of $485,246.16. Following the completion of the sale, the director now owns 504,679 shares of the company’s stock, valued at approximately $33,843,773.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Steven C. Voorhees sold 49,267 shares of WestRock stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $65.00, for a total transaction of $3,202,355.00. Following the sale, the chief executive officer now directly owns 700,051 shares of the company’s stock, valued at approximately $45,503,315. The disclosure for this sale can be found here. In the last three months, insiders sold 454,649 shares of company stock valued at $29,964,777. Insiders own 2.68% of the company’s stock.
WARNING: This report was first published by Week Herald and is owned by of Week Herald. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://weekherald.com/2018/04/20/westrock-wrk-set-to-announce-earnings-on-friday.html.
WestRock Company Profile
WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, Australia, and Asia. The company operates through three segments: Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers.
Receive News & Ratings for WestRock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestRock and related companies with MarketBeat.com's FREE daily email newsletter.