10:10 AM EDT, 04/30/2024 (MT Newswires) -- Graphic Packaging Holding ( GPK ) fell 5.4% in recent Tuesday trading after reporting lower earnings and revenue in Q1.

The company reported Q1 adjusted earnings of $0.66 per diluted share, down from $0.77 a year earlier.

Analysts polled by Capital IQ estimated $0.64.

Net sales for the quarter ended March 31 were $2.26 billion compared with $2.44 billion a year.

Analysts surveyed by Capital IQ expected $2.38 billion.

For the full year, Graphic Packaging ( GPK ) said it expects $2.65 to $2.85 in adjusted EPS, compared with prior guidance of $2.50 to $3.00 a share. Analysts polled by Capital IQ estimate $2.74 in adjusted EPS.

Price: 26.32, Change: -1.52, Percent Change: -5.44