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Here is how Packaging Corp. (PKG) and Tetra Tech (TTEK) have performed compared to their sector so far this year.
Packaging Corporation of America (NYSE:PKG ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman & Chief Executive Officer Tom Hassfurther - Executive Vice President, Corrugated Products Bob Mundy - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxland - Truist Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi Gabe Hajde - Wells Fargo Philip Ng - Jefferies Charlie Muir-Sands - BNP Paribas Operator Good morning. Thank you for joining Packaging Corporation of America's Second Quarter 2024 Earnings Results Conference Call.
Packaging Corp's (PKG) Q2 top line reflects the impacts of higher volume in both segments, partially offset by a lower price and mix.
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.