Packaging Corp of America

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers. The Corporate and Other segment focuses on transportation assets, such as rail cars, and trucks. The company was founded in 1959 and is headquartered in Lake Forest, IL.

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Earnings data Q4 2024

Packaging Corp of America reports lower Q4 earnings, focuses on strategic growth and customer-driven decisions

Packaging Corp of America (PCA) reported lower net income and EBITDA for Q4 2022 compared to the previous year, with full-year earnings showing growth. Despite challenges in the Packaging segment, PCA's strong performance was attributed to cost management and strategic investments, while maintaining a customer-centric approach.

Packaging Corp of America reports lower Q1 earnings, anticipates recovery

PKG faces challenges with lower earnings and EBITDA in Q1 2023, driven by reduced demand. However, the company shows resilience with higher prices offsetting volume declines. Anticipated improvements in Packaging segment volumes and strategic market optimization present growth opportunities.

PKG reports Q2 decline, eyes stable pricing amid cost pressures

PKG's Q2 2023 performance saw a decline in net income and EBITDA, but achieved record cash flow.
Challenges include cost pressures and lower prices, while opportunities lie in stable pricing trends and operational optimization.
The company remains agile with inventory levels and anticipates Q3 earnings of $1.88 per share.
Overall, PKG faces challenges but is strategically positioned to capitalize on growth opportunities.

Packaging Corp of America reports lower Q3 earnings, focuses on operational strengths

Packaging Corp of America's Q3 2023 performance reflects a mixed financial outcome with lower earnings but strong operational performance in the Packaging segment. Despite challenges in the Paper segment and planned expenses, the company remains focused on enhancing customer relationships and operational efficiency to drive future growth.

Packaging Corp of America posts strong Q4 earnings, eyes production growth

Packaging Corp of America delivered strong financial performance in Q4 2023, driven by the Packaging segment's robust demand and operational efficiencies.
While facing challenges such as pricing discrepancies and planned mill outages, the company remains well-positioned to capitalize on opportunities for growth through production enhancements and strategic capital deployment.
By maintaining a focus on cost management, customer value creation, and market expansion, Packaging Corp of America aims to sustain its competitive edge and drive long-term profitability.

Packaging Corp of America reports Q1 earnings decline, eyes growth

PKG's Q1 performance showed a decline in EBITDA but strong net income in the Packaging business, facing challenges in export prices and Paper segment volumes.
Strengths lie in expected Q2 earnings, investments in growth and competitiveness, and a focus on customer needs and quality improvement.
Challenges include lower export prices, maintenance outage impact on Paper segment, and potential midyear price lag, with opportunities in post-COVID recovery and market outperformance.
Overall, PCA's strategic focus on technology, efficiency, and customer alignment positions it well for growth and industry outperformance.

Packaging Corp of America reports solid Q2 performance and growth opportunities

PKG's Q2 2024 performance showed growth in net income and sales, with a focus on operational efficiency and financial strength.
While facing challenges in the Paper segment and slight EBITDA decrease, the company is poised for growth with opportunities in pricing and investments.
Overall, Packaging Corp of America (PKG) is well-positioned to capitalize on market conditions and drive future profitability and shareholder value.

Packaging Corp of America reports strong Q3 earnings and navigates cost challenges

PKG's Q3 2024 performance reflects robust financial results driven by higher volume, prices, and operational excellence in the packaging and paper segments.
While facing challenges related to cost pressures, the company remains well-positioned to leverage opportunities in the packaging industry through strategic initiatives and market demand.
Investors should monitor PKG's ability to manage costs effectively, capitalize on growth opportunities, and sustain its strong financial performance amidst evolving market conditions.

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LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 25, 2024 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2023 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Wednesday, January 24, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/s.

Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating Results

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Packaging Corp. (PKG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Packaging Corp. (PKG): Can Its 3.8% Jump Turn into More Strength?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Packaging Corporation of America (PKG) Stock?

Packaging Corp. (PKG) reported earnings 30 days ago. What's next for the stock?

Why Is Packaging Corp. (PKG) Up 3.1% Since Last Earnings Report?

Packaging Corporation of America specializes in the production of containerboard and corrugated packaging. The sector is stable and expects growth in the coming years, primarily driven by the expanding e-commerce market. The company has better ROIC, margins and financial position than its peers, but trades at average multiples.

Packaging Corporation of America: Valuation Is Justified By Its Quality

Packaging Corporation of America NYSE: PKG isn't a high-flying name; it doesn't have a robust outlook for growth, but it is a total package for buy-and-hold investors. The company is blue-chip quality, has a healthy balance sheet, established business, a clear outlook for earnings, and returns capital to shareholders.

Packaging Corporation of America: A Total Package to Buy and Hold

Packaging Corporation of America (NYSE:PKG ) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Tom Hassfurther - Executive Vice President, Corrugated Products Bob Mundy - Executive Vice President and Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mark Weintraub - Seaport Research Partners Mike Roxland - Truist Securities Anthony Pettinari - Citi John Dunigan - Jefferies Operator Good morning, everyone, and thank you for joining Packaging Corporation of America's Third Quarter 2023 Earnings Results Conference Call. Your host for today will be Mark Kowlzan, Chairman and Chief Executive Officer of PCA.

Packaging Corporation of America (PKG) Q3 2023 Earnings Call Transcript

Packaging Corp (PKG) witnessed a decline in its Q3 top and bottom line due to low volume in both segments. For Q4, packaging volumes are expected to pick up sequentially, while paper volumes will lag.

Packaging Corp (PKG) Q3 Earnings Beat, Sales Lag on Low Volumes

Packaging Corp. (PKG) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $2.83 per share a year ago.

Packaging Corp. (PKG) Q3 Earnings Top Estimates

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported third quarter 2023 net income of $183 million, or $2.03 per share, and net income of $185 million, or $2.05 per share, excluding special items. Third quarter net sales were $1.9 billion in 2023 and $2.1 billion in 2022. Diluted earnings per share attributable to Packaging Corporation of America shareholders         Three Months Ended     September 30     2023   2022   Change   Reported Diluted EPS $.

Packaging Corporation of America Reports Third Quarter 2023 Results

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Packaging Corporation of America (PKG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Packaging Corporation of America (PKG) Ahead of Earnings?

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Packaging Corp's (PKG) third-quarter 2023 results are likely to reflect the impacts of lower volume in both segments on weak demand.

What's in Store for Packaging Corp (PKG) in Q3 Earnings?

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Low consumer spending amid inflationary pressures dampens the near-term prospects for the Zacks Containers-Paper and Packaging industry. However, the likes of PKG, ATR, GEF and KRT are poised well to tackle the challenges.

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LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, October 24, 2023 at 9:00 a.m. Eastern Time to discuss third quarter 2023 results. The conference call leader will be Mark Kowlzan. Third quarter earnings results will be released after the market closes on Monday, October 23, 2023. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10173953/f56283c8a6. Once you.

Packaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2023 Operating Results

Why Is Packaging Corp. (PKG) Down 5% Since Last Earnings Report?

Cardboard-box sales have seen the biggest contraction since the Great Recession of 2008-2009. Packaging Corp. of America just reported an almost 10% year-on-year slump in second-quarter shipments.

Worst cardboard-box recession since 2008 could be a sign of broader economic weakness

Packaging Corporation of America NYSE: PKG issued a mixed Q2 report, but details within it catalyzed a substantial increase in share price. The details include a better-than-expected margin and an outlook for demand improvement that could sustain through the end of the year.

Should You Wait to Buy Packaging Corporation of America?

Packaging Corp's (PKG) Q2 bottom-line results reflect lower volume in both of its segments.

Packaging Corp (PKG) Q2 Earnings Lag Estimates on Low Volumes

Packaging Corporation of America (NYSE:PKG ) Q2 2023 Earnings Conference Call July 25, 2023 9:00 AM ET Company Participants Mark Kowlzan – Chairman and Chief Executive Officer Tom Hassfurther – Executive Vice President-Corrugated Products Bob Mundy – Chief Financial Officer Conference Call Participants George Staphos – Bank of America Securities Mark Weintraub – Seaport Research Partners John Dunigan – Jefferies Anthony Pettinari – Citi Operator Good morning, everyone, and thank you for joining Packaging Corporation of America's Second Quarter 2023 Earnings Results Conference Call. Your host for today will be Mark Kowlzan, Chairman and Chief Executive Officer of PCA.

Packaging Corporation of America (PKG) Q2 2023 Earnings Call Transcript

Shares of Packaging Corp. of America surge after the producer of container products reported strong earnings.

This Packaging Stock Is the S&P 500's Best Performer. Here's Why It's Surging.

Packaging Corporation of America, the third largest producer of containerboard products in North America, shares rose by more than 10% after its second quarter results topped expectations, despite both its profit and revenue falling year-over-year. For 2Q, it posted earnings per share of $2.31, down from $3.23 in the year-ago quarter but above the Street's expectation of $1.96, per Zacks Consensus Estimate.

News for Packaging Corp of America Stock (PKG)