Graphic Packaging's second quarter 2026 EPS beats estimates, but lowers its full-year outlook on inflation.

Graphic Packaging reported second quarter 2026 net sales of $2.188 billion, down 1% year-over-year, and adjusted EPS of $0.14, which beat the $0.11 consensus but was down significantly from $0.42 in the prior year. The company lowered its full-year guidance for adjusted EPS and adjusted cash flow, citing a heightened inflationary environment.

Key Highlights

• Second quarter adjusted EPS of $0.14 declined 67% year-over-year from $0.42, but exceeded analyst expectations of $0.11.
• Adjusted EBITDA fell 26% to $247 million, driven primarily by $60 million in commodity and operating cost inflation and a $27 million impact from lower pricing.
• The company lowered its full-year 2026 adjusted EPS guidance to a range of $0.65 to $0.90 and updated its adjusted cash flow guidance to between $600 million and $700 million.