Alert: New Earnings Report (11/9/23)-WestRock Company (NYSE: WRK).

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For its fourth fiscal quarter (ending September 30), WestRock Company (NYSE: WRK) has reported a -68% decline in E.P.S. from $1.34 a year ago to $0.43 in the current quarter. This performance was $-0.31 short of the consensus estimate of $0.74. E.P.S. were $-6.44 for the latest four quarters through September 30 versus $3.64 for the same period a year ago — a decline of -277%.

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Recent Price Action

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WestRock Company (NYSE: WRK) stock closed at $38.40 on 11/9/23 after a large increase of 2.6%. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.1% during the last week.

Current PriceTarget Research Rating

WRK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

WestRock has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. WestRock has a very high Power Rating of 87 and a very high Appreciation Score of 87, triggering the Highest Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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