Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Winpak Ltd T.WPK

Alternate Symbol(s):  WIPKF

Forest Products Paper & Paper Products
Winpak Ltd. is a Canada-based company, which manufactures and distributes packaging materials and related packaging machines. The Company’s products are used primarily for the packaging of perishable foods, beverages and in healthcare applications. The Company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding and Packaging Machinery. The Flexible Packaging segment includes the modified atmosphere packaging, specialty films and biaxially oriented nylon product groups. The Rigid Packaging and Flexible Lidding segment include the rigid containers, lidding and specialized printed packaging product groups. Rigid containers include portion control and single-serve containers, as well as plastic sheet, custom and retort trays. Packaging Machinery segment includes a full line of horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid products and certain dry products.


TSX:WPK - Post by User

Winpak Ltd > Winpak Reports Q1 EPS Miss of US$0.38 -- Provides Outlook
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(487)
•••
Post by zack50on Apr 22, 2021 10:57am
177 Views
Post# 33044480

Winpak Reports Q1 EPS Miss of US$0.38 -- Provides Outlook

Winpak Reports Q1 EPS Miss of US$0.38 -- Provides Outlook

10:34 AM EDT, 04/22/2021 (MT Newswires)

Winpak Ltd. (WPK.TO), which manufactures and distributes high-quality packaging materials and related packaging machines, reported (all in US$) Q1 2021 net income of $25.49 million, or $0.38 per diluted share, missing a Capital IQ consensus mean forecast of $0.40 per share. Winpak had reported net income of $23.15 million, or $0.36 per share, for the year ago quarter.

Revenue for the quarter was $224.8 million, again missing a Capital IQ forecast of $225.95 million, but higher than Q1 2020's revenue of $213.6 million.

Winpak says expenditures for 2021 are forecast to be in the range of $60 to $70 million. It added that bolstering and expanding its sustainable packaging product offering will remain at the forefront to meet customers' expectations. Potential acquisition opportunities have started to slowly resurface with the expectation that activity will pick up moving forward. Winpak will evaluate acquisition opportunities that align strategically with its core strengths in sophisticated high-barrier packaging for food, medical and pharmaceutical applications

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities