Home Rock-Tenn (RKT) Stock Declining Today on Guidance Cut
 

Keywords :   


Rock-Tenn (RKT) Stock Declining Today on Guidance Cut

2015-04-01 18:43:30| Paper - Topix.net

Rock-Tenn is now expecting earnings for the quarter to be in a range between 70 cents and 75 cents per share, compared to its previous forecast of 80 cents to 90 cents per share. The company said that although its corrugated packaging business continues to perform well volume performance has been "more than offset" by a harsh winter which included natural gas curtailment and challenging logistics execution that impacted operations during the quarter, electrical failure in its Panama City mill in early February, and lower promotional activity.

Tags: today stock cut guidance

Category:Materials

Latest from this category

All news

»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 9
05.11Tropical Storm Rafael Wind Speed Probabilities Number 9
05.11Tropical Storm Rafael Public Advisory Number 9
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 9
05.11Delayed implementation of EID eartag rule requested
05.11Why forage is the cornerstone of a working ranch horses diet
More »