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Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Although the revenue and EPS for Packaging Corp. (PKG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Packaging Corp. (PKG) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.31 per share a year ago.
Packaging Corp. (PKG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Packaging Corp's (PKG) second-quarter 2024 results are likely to reflect the impacts of lower prices in both segments, offset by stable packaging demand.
Packaging Corp. (PKG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
When combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average.
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal") is providing an update on the status of a management cease trade order (the " MCTO ") application that was announced on April 16, 2024 (the " Announcement ") with its principal regulator, the British Columbia Securities Commission, who issued the MCTO on May 1, 2024. The Company applied for the MCTO in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the fiscal year ended December 31, 2023, (the " Annual Filings "), which were originally due on April 29, 2024.
Packaging Corp (PKG) gains from increased e-commerce activities, which, in turn, aid packaging demand.
Packaging Corp. (PKG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.