Graphic Packaging misses by $0.03, misses on revs; adjusted EBITDA increased 8.8% y/y to $190.6 mln
Reports Q3 (Sep) earnings of $0.17 per share, excluding non-recurring items, $0.03 worse than the Capital IQ Consensus Estimate of $0.20; revenues fell 9.7% year/year to $1.05 bln vs the $1.07 bln consensus.
- Q3 Adjusted EBITDA increased to $190.6 mln vs $175.2 mln in the prior year.
- Q3 Adjusted EBITDA margin was 18.2% vs 15.1% in the prior year.