Smurfit Westrock Plc, a leader in sustainable packaging solutions, is set to announce its Q3 results on Oct. 29. Analysts expect a 41.7% YOY profit increase to $0.68 per share. However, the company has a history of missing Street expectations. The stock has underperformed due to industry challenges, dropping 6.1% in the past 52 weeks. Despite this, Smurfit has a “Strong Buy” rating from analysts with a mean price target of $56.83, suggesting a 31.9% potential upside. The company’s net sales grew 167.4% YOY in Q2, but it reported a net loss of $26 million due to restructuring costs.
Read more at Barchart: Here’s What to Expect From Smurfit Westrock’s Next Earnings Report
