Smurfit Westrock Plc (SW), with a market cap of $21.6 billion, is a leading global provider of sustainable paper-based packaging solutions. Formed through the merger of Smurfit Kappa and WestRock in July 2024, the company operates in 40 countries, with over 500 packaging converting operations and 62 paper mills. The Dublin, Ireland-based paper giant is predicted to announce its first-quarter results on Thursday, May 1.
Ahead of the event, analysts expect Smurfit to report a non-GAAP profit of $0.65 per share, up a solid 66.7% from $0.39 per share reported in the year-ago quarter. However, the company has a grim earnings surprise history as it surpassed Wall Street’s bottom-line estimates once over the past four quarters while missing on three other occasions.
