Before the market open today, the Atlanta-based company reported adjusted earnings of 19 cents per diluted share, topping analysts' estimates for earnings of 17 cents per share.
Revenue for the period was $1.02 billion, slightly lower than analysts' expectations for revenue of $1.03 billion.
"We delivered a very strong quarter in the face of difficult markets and foreign exchange headwinds," President and CEO Michael Doss said in a statement this morning. "Sales increased 2.4% and we continue to gain share in many of our markets."
The company is a provider of paper-based packaging solutions to food, beverage and other consumer products companies.
Shares of Graphic Packaging closed at $11.15 on Monday.
Separately, TheStreet Ratings Team has a Buy rating with a score of B on the stock.
This is driven by a number of strengths, which should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks covered by the team.
The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, growth in earnings per share, notable return on equity and largely solid financial position with reasonable debt levels by most measures.
The team feels its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: GPK