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home / articles / packaging corp of america reports mixed q3 earnings mwn benzinga

PKG - Packaging Corp Of America Reports Mixed Q3 Earnings: CEO Highlights Cost-Effective Operations | Benzinga

Packaging Corporation of America

Packaging Corp Of America (NYSE: PKG) reported a third-quarter FY23 sales decline of 8.94% year-on-year to $1.94 billion, missing the analyst consensus estimate of $1.99 billion.

Segment Revenues: Packaging slipped 9.3% to $1.75 billion and Paper dropped 4.5% to $157.9 million.

The gross profit for the quarter dropped 20.4% to $412.7 million with a profit margin of 21.3%.

The ...

Full story available on Benzinga.com
Stock Information
Company Name: Packaging Corporation of America
Stock Symbol: PKG
Market: NYSE
Website: packagingcorp.com
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