11:57 AM EDT, 04/11/2025 (MT Newswires) -- in its preview of Winpak's ( WIPKF ) first-quarter earnings, National Bank is forecasting revenue of $291 million and earnings per share of $0.60, both in-line with consensus.

While the company remains optimistic about 2025, it qualified its outlook by noting that "significant uncertainty" exists due to the various protectionist trade measures being enacted across North America, notes analyst Ahmed Abdullah.

So far, Winpak ( WIPKF ) faced two days of tariffs in the first quarter as it continues to benefit from the exemptions given to USMCA-compliant goods but the situation is still fluid and constantly changing. Tariffs on certain materials and markets (steel & aluminum, China and other markets) paired with macro uncertainty are creating an environment that is ripe for industry-wide price increases that are already taking place, Abdullah added.

Winpak ( WIPKF ) is rated Outperform, with a $53 target.

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