Smurfit Westrock (SW) to Release Earnings on Tuesday

Smurfit Westrock (NYSE:SW) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, July 30th. Analysts expect Smurfit Westrock to post earnings of $0.70 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Smurfit Westrock (NYSE:SW) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.25 by $0.14. Smurfit Westrock had a net margin of 1.57% and a return on equity of 5.85%. On average, analysts expect Smurfit Westrock to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Smurfit Westrock Trading Up 2.3 %

Smurfit Westrock stock opened at $48.81 on Monday. Smurfit Westrock has a twelve month low of $44.32 and a twelve month high of $49.50. The company has a current ratio of 1.34, a quick ratio of 0.85 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $12.79 billion, a price-to-earnings ratio of 41.02, a P/E/G ratio of 1.49 and a beta of 1.05.

Analyst Ratings Changes

SW has been the subject of several recent research reports. Royal Bank of Canada initiated coverage on Smurfit Westrock in a report on Friday, July 12th. They set a “sector perform” rating and a $52.00 price objective for the company. Morgan Stanley assumed coverage on Smurfit Westrock in a research note on Friday, July 19th. They set an “overweight” rating and a $60.00 price target for the company. Finally, JPMorgan Chase & Co. assumed coverage on Smurfit Westrock in a research note on Friday, July 12th. They issued an “overweight” rating and a $66.00 price target for the company.

About Smurfit Westrock

WestRock is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The company is one of the largest integrated producers of containerboard by tons produced, and one of the largest producers of high-graphics preprinted linerboard on the basis of net sales in North America.