Smurfit Westrock’s Quarterly Earnings Preview: What You Need to Know

Smurfit Westrock Plc (SW), headquartered in Dublin, Ireland, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products. Valued at $12.54 billion by market cap, the company operates in 40 countries and taps into the expertise of over 100,000 people, providing its customers with the most diverse, innovative, and sustainable range of renewable and recyclable packaging solutions. The leading sustainable packaging provider is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Tuesday, Jul. 30. 

Ahead of the event, analysts expect SW to report a profit of $0.70 per share on a diluted basis, down 21.4% from $0.89 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on another occasion.