Packaging Corporation of America Q2 Profit Decreases, but beats ...

Jul 24, 2023 · Excluding items, Packaging Corporation of America reported adjusted earnings of $208.9 million or $2.31 per share for the period. Analysts on average had expected the company to earn $1.93 per ...

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Packaging Corporation Of America Q2 Profit Decreases, But Beats ...

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Packaging Corporation Of America's (NYSE:PKG) Q2: Beats On …

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Jul 23, 2024 · Packaging Corporation of America (NYSE:PKG) announced better-than-expected results in Q2 CY2024, with revenue up 6.3% year on year to $2.08 billion. It made a GAAP …

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PCA Reports $198.9m Net Income In Q2 2024 - Packaging Gateway

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Jul 24, 2024 · Packaging Corporation of America (PCA), a containerboard and corrugated packaging products supplier, has reported a net income of $198.9m in the second quarter (Q2) …

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Packaging Corporation Of America Q2 Profit Increases, Beats

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Jul 25, 2022 · The company's revenue for the quarter rose 19.1% to $2.24 billion from $1.88 billion last year. Packaging Corporation of America earnings at a glance (GAAP) :

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FAQs about Packaging Corporation of America Q2 Profit Decreases, but beats ... Coupon?

How much did Packaging Corporation of America make in second quarter 2022?

LAKE FOREST, Ill. -- (BUSINESS WIRE)--Jul. 25, 2022-- Packaging Corporation of America (NYSE: PKG) today reported second quarter 2022 net income of $301 million, or $3.20 per share, and net income of $304 million, or $3.23 per share, excluding special items. Second quarter net sales were $2.2 billion in 2022 and $1.9 billion in 2021. ...

How did packaging perform in the second quarter of 2024?

Looking at the Packaging business. EBITDA, excluding special items in the second quarter of 2024 of $400 million with sales of $1.9 billion resulted in a margin of 21% versus last year's EBITDA of $405 million and sales of $1.8 billion or a 23% margin. The strong market conditions in our Packaging segment continued in the second quarter. ...

What time does Packaging Corporation of America's Q2 2024 earnings conference call start?

Packaging Corporation of America ( NYSE: PKG) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Conference Call Participants Operator Good morning. Thank you for joining Packaging Corporation of America's Second Quarter 2024 Earnings Results Conference Call. ...

Will packaging prices move higher in the third quarter?

Thank you, Bob. Looking ahead, as we move from the second quarter into the third quarter, prices and mix in both our Packaging and Paper segments will move higher as we continue to implement previously announced increases along with higher containerboard export prices. ...

Does Packaging Corporation of America have a long-term growth rate?

Any business can have short-term success, but a top-tier one tends to sustain growth for years. Regrettably, Packaging Corporation of America's sales grew at a weak 2.4% compounded annual growth rate over the last five years. This shows it failed to expand in any major way and is a rough starting point for our analysis. ...

How did corrugated products perform in the packaging segment?

In the Packaging segment, total corrugated products shipments and shipments per day were flat (0.18%) compared to last year’s second quarter, which was up 9.6% versus the previous year. ...