WestRock Company Q3 adjusted earnings Beat Estimates

(RTTNews) - WestRock Company (WRK) released earnings for its third quarter that increased from last year.

The company's profit came in at $251 million, or $0.93 per share. This compares with $180.0 million, or $0.69 per share, in last year's third quarter.

Excluding items, WestRock Company reported adjusted earnings of $268.5 million or $1.00 per share for the period.

Analysts had expected the company to earn $0.96 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.4% to $4.81 billion from $4.24 billion last year.

WestRock Company earnings at a glance:

-Earnings (Q3): $268.5 Mln. vs. $197.3 Mln. last year. -EPS (Q3): $1.00 vs. $0.76 last year. -Analysts Estimate: $0.96 -Revenue (Q3): $4.81 Bln vs. $4.24 Bln last year.