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While the top- and bottom-line numbers for Packaging Corp. (PKG) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Packaging Corp. (PKG) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $2.20 per share a year ago.
Packaging Corp's (PKG) first-quarter 2023 results are likely to reflect the impacts of lower volume in both segments on weak demand.
Beyond analysts' top -and-bottom-line estimates for Packaging Corp. (PKG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
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.
Investors interested in Containers - Paper and Packaging stocks are likely familiar with Greif (GEF) and Packaging Corp. (PKG). But which of these two stocks presents investors with the better value opportunity right now?
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, April 23, 2024 at 9:00 a.m. Eastern Time to discuss first quarter 2024 results. The conference call leader will be Mark Kowlzan. First quarter earnings results will be released after the market closes on Monday, April 22, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/sreg/10184911/fb33520f25. Once you have.
Investors looking for stocks in the Containers - Paper and Packaging sector might want to consider either Greif (GEF) or Packaging Corp. (PKG). But which of these two stocks offers value investors a better bang for their buck right now?
Strong demand for consumer-centric products and flourishing e-commerce activities will benefit companies like PKG, ATR and GEF, which belong to the Zacks Containers-Paper and Packaging industry.
Packaging Corp's (PKG) fourth-quarter results reflect lower prices and mix in both segments.