Graphic Packaging Holding Company shares climbed 8.7% in pre-market trading Tuesday after the consumer packaging company reported third-quarter 2026 results. Adjusted earnings per share were $0.23, in line with analyst expectations, while revenue of $2.19 billion exceeded the $2.17 billion consensus estimate.
The company reaffirmed its full-year adjusted cash flow guidance of $600 million to $700 million and raised its revenue outlook to approximately $8.6 billion from $8.5 billion. Adjusted EBITDA margin also expanded sequentially for a second consecutive quarter.
President and CEO Robbert Rietbroek said the company had made progress on its near-term strategic priorities, including year-over-year growth in revenue and volume. Net debt fell to $5.18 billion from $5.33 billion at the end of 2025.
The stock had been trading near its 52-week low of $8.15 after sustained pressure during the year. It reached $10.14 in pre-market trading, still below its 52-week high of $17.21. The broader market was little changed, with the S&P 500 essentially flat, the Dow Jones lower and the Nasdaq slightly higher.
Sources: Investing.com News.