Smurfit Westrock Reports Q3 Earnings Miss on Both Top and Bottom Lines
Smurfit Westrock (SW) reported third-quarter financial results that fell short of market expectations. The company posted a Non-GAAP earnings per share (EPS) of $0.45, missing estimates by $0.12, while revenue reached $8.16 billion, falling $120 million below anticipated levels despite representing a 2.0% year-over-year increase. Despite the misses, the company reported an Adjusted EBITDA of $1,205 million with a margin of 14.8%. Operating activities generated $874 million in net cash, and management maintained a quarterly dividend of $0.4523 per ordinary share.
Topics: dividend announcement earnings miss EBITDA revenue miss
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