09:29 AM EDT, 05/01/2025 (MT Newswires) -- Graphic Packaging ( GPK ) reported Q1 adjusted earnings Thursday of $0.51 per diluted share, compared with $0.66 a year earlier.

Analysts surveyed by FactSet expected $0.58.

Net sales for the quarter ended March 31 were $2.12 billion, compared with $2.26 billion a year earlier.

Analysts surveyed by FactSet expected $2.12 billion.

The company said it now expects full-year 2025 adjusted EPS of $1.75 to $2.25 on net sales of $8.2 billion to $8.5 billion, down from its previous outlook of $2.53 to $2.78 and $8.7 billion to $8.9 billion, respectively. Analysts surveyed by FactSet expect $2.50 in non-GAAP EPS and $8.66 billion in sales.

Shares of the packaging manufacturer tumbled more than 15% in recent premarket activity.