Investing.com - WestRock Co reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
WestRock Co announced earnings per share of $1.43 on revenue of $5.4B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $5.48B.
WestRock Co shares are down 22% from the beginning of the year , still down 36.95% from its 52 week high of $54.78 set on Thursday, May 5, 2022.
WestRock Co follows other major Materials sector earnings this month
WestRock Co's report follows an earnings beat by Vale ADR on Thursday, October 27, 2022, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on Thursday, November 3, 2022 with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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