2023-08-03 06:32:42 ET
- WestRock press release ( NYSE: WRK ): Q3 Non-GAAP EPS of $0.89 beats by $0.39 .
- Revenue of $5.12B (-6.9% Y/Y) misses by $50M .
- “We delivered impressive results under challenging market conditions,” said David B. Sewell, chief executive officer. “Our accelerated transformation strategy is exceeding expectations. We expect to exit the year with a cost savings run-rate of over $450 million. We remain focused on partnering with our customers, streamlining our portfolio, investing in our assets and further reducing costs. I’m excited about our execution as we continue to transform WestRock into a more efficient and more profitable company.”
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WestRock Non-GAAP EPS of $0.89 beats by $0.39, revenue of $5.12B misses by $50M