Smurfit Westrock Q3 2026: sales up 2.0%, EPS misses as costs bite
Smurfit Westrock's quarter is a price-versus-cost story rather than a demand collapse: sales rose 2.0% to $8.161 billion, but adjusted EPS of $0.45 badly missed the $0.6076 consensus and gross margin fell to 17.6%. Read the release around the pass-through lag — management says the price increases that fix this land mostly in 2027.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.42 compares with $0.47 a year ago, and adjusted EPS of $0.45 compares with $0.58. Against the $0.6076 consensus that is a 25.9% miss, and it is the clearest evidence in the filing that cost inflation arrived before pricing did.
Sales of $8.161 billion were up 2.0% from $8.003 billion a year earlier and 1.6% above the $8.031 billion booked in Q2. The problem is what came with it: cost of revenue rose 4.5% to $6.721 billion, so gross profit fell to $1.440 billion from $1.569 billion. Gross margin dropped 200 basis points to 17.6%, which is the number that matters here.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-04
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