Smurfit Westrock expects $4.7B adjusted EBITDA for 2026 amid $700M freight and energy headwind (NYSE:SW)

Smurfit Westrock (SW) expects to recover Q1 2027 price increases by Q1 2027, with North America leading due to index-based pricing. Q3 volumes improved sequentially in North America despite regional issues. European energy costs remain a challenge, with natural gas prices 10x higher than in North America. The company maintained its 2030 targets and delayed some capital projects, reducing 2026 capex guidance by $150M. SW remains confident in its 2027 outlook.

Smurfit WestRock (SW) reported Q3 2026 earnings, citing cost inflation from energy and freight, offset by price increases. Despite challenges like extreme weather and contamination issues, the company saw sequential improvements in North America and strong performance in EMEA and APAC. Latin America faced weak demand but maintained high margins. SW expects full-year adjusted EBITDA of $4.7 billion, with energy costs posing a $700 million headwind.

Smurfit Westrock reported Q3 2026 net sales of $8.2B, up 2% YoY, and net income of $219M, down from $245M in Q3 2025. The company anticipates a $700M hit in 2026 due to cost inflation, primarily for energy and freight, according to CEO Tony Smurfit. Despite challenges, the company maintains its adjusted EBITDA target of $7B by 2030, though 2026 projections have been lowered to $4.7B from $5B-$5.3B.

Smurfit Westrock (NYSE:SW) reported Q3 2026 earnings and revenue below estimates, with adjusted EPS of $0.45 and revenue of $8.16B. Higher costs and weaker volumes impacted profitability, leading to a 2% EBITDA margin decline. The company lowered its full-year EBITDA guidance to $4.7B. Shares were unchanged in after-hours trading.

Smurfit Westrock (SW) shares dropped 10% after reporting Q3 adjusted EPS of $0.45, missing estimates of $0.57. The company reduced its 2026 adjusted EBITDA outlook to $4.7B, citing $700M in unexpected freight and energy costs. Management expects price increases to offset costs but not until 2027. Revenue was $8.16B, up 2% but below expectations of $8.28B.

Smurfit Westrock (SW) reduced its 2026 adjusted EBITDA outlook to $4.7B from $4.9B-$5.1B, citing higher costs and weaker volumes. Q3 profit fell to $222M ($0.42/Share) from $246M ($0.47/Share) YoY, while revenue rose 2% to $8.161B. Shares dropped 9% in premarket trading.