GPGI Shares Decline After Reporting Lower Q3 Adjusted Earnings, Revenue Increases

10:20 AM EST, 11/05/2026 (MT Newswires) -- GPGI (GPGI) shares retreated more than 3% in recent Thursday trading after reporting lower Q3 adjusted earnings. The company posted Q3 adjusted earnings of $0.26 per diluted share, down from $0.29 a year earlier. A single analyst surveyed by FactSet expected $0.25. Revenue for the quarter ended Sept. 30 was $509.6 million, compared with $487.9 a year earlier. An analyst expected $470.7 million. Meanwhile, the company said it expects Q4 adjusted net sales to be between $630 million and $660 million. An analyst expects $654.8 million. For 2026, the company narrowed its adjusted net sales guidance to a range of $2.03 billion to $2.06 billion from its previous outlook of $1.95 billion to $2.10 billion. One analyst surveyed by FactSet expects $2.02 billion. Price: 12.50, Change: -0.28, Percent Change: -2.19