Smurfit Westrock reports Q EPS , consensus 59c

Reports Q2 revenue $7.94B, consensus $7.94B. “I am pleased to report a strong Q2 performance as we continue to deliver in line with our Adjusted EBITDA guidance. This performance is driven by the significant improvement in our North American business and continued excellent results from our Latin American operations, somewhat offset by a resilient performance from our EMEA and APAC businesses. As a result of costs associated with the previously announced closures and other restructuring actions totaling $280M, the Net Loss was $26M for the quarter. Our Adjusted EBITDA was $1.213B, with an Adjusted EBITDA margin of 15.3%.”