- 02 ноября, 14:18
- Zacks Investment Research
WestRock Company WRK is a provider of paper and packaging solutions to consumer and corrugated markets. WestRock was formed from the merger of MeadWestvaco Company and Rock-Tenn Company on Jul 1, 2015. WestRock is realizing the strategic benefits of the merger.
WestRock expects to exceed an $825 million run rate by the end of fiscal year 2017 and remains well on track to achieve its $1 billion target by the end of third-quarter fiscal 2018. The company’s productivity and performance improvement programs across its manufacturing footprint as well as its cost-saving actions remain tailwinds. WestRock's recent acquisitions to augment its corrugated packaging business will help it capitalize on the growing demand.
Let’s have a quick look at the fourth-quarter fiscal 2017 earnings release of the company.
Estimate Trend & Surprise History
Investors should note that the earnings estimate for WestRock for the fiscal fourth quarter 2017 has moved south 5% over the past 30 days and currently stands at 81 cents. The earnings estimate for fiscal 2017 has also moved down 2% over the past 30 days and is currently pegged at $2.56.
Westrock Company Price and EPS Surprise
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