GPGI Shares Rise After Q2 Results Beat Estimate

MT Newswires Live

Aug 06

GPGI (GPGI) shares were up 1.7% in early Thursday trading after the company reported Q2 adjusted earnings and net sales that topped analyst expectations.

The company reported Q2 adjusted earnings Thursday of $0.17 per diluted share, down from $0.25 a year earlier.

One analyst polled by FactSet expected $0.14.

Adjusted net sales for the quarter ended June 30 were $473.2 million, down from $493.7 million a year earlier.

One analyst expected $430.8 million.

The company reiterated its 2026 pro forma adjusted net sales outlook of $1.95 billion to $2.10 billion.

One analyst expects sales of $1.96 billion.

Price: 15.48, Change: +0.25, Percent Change: +1.68

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