Smurfit Westrock (SW) reports a y/y decline in sales in Q2 due to lower average box pricing in the European business that offset the improvements in corrugated volumes.
Smurfit Westrock (SW) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.89 per share a year ago.
Smurfit Westrock's (SW) Q2 results are likely to reflect stable packaging demand for food, beverages and medicines and growth in e-commerce activities, offset by higher costs.