PKG News and Press, Packaging Corporation of America From 10/27/22

Summary PKG's price may hit the $108.61 38.2% Fibonacci retracement level offering a good technical entry point if the overall market pulls back. There was a pandemic slowdown but the trend in EPS, P/E Ratio, Net Profit Margins, Targets, Meal Kits and USA Production provides ...

Summary PKG reported strong Q3 results as disciplined cost control and price increases outweighed lower demand for boxes. Demand is softening and will lead to weaker Q4 results, though even at that run rate, PKG has $10 in earnings power. While consumer demand for goods is slo...

Summary Positive pricing delta thanks to higher selling prices. Within our paper coverage, PKG has a rock-solid balance sheet and the lowest payout ratio. At more than 4% dividend yield, PKG offers a good entry point. Our buy rating is confirmed. Last time, we init...

Packaging Corporation of America (PKG) Q3, 2022, Earnings Call October 25, 2022 9:00 AM Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Tom Hassfurther - Executive Vice President, Corrugated Products Bob Mundy - Executive Vice President a...

Packaging press release ( NYSE: PKG ): Q3 Non-GAAP EPS of $2.83 beats by $0.02 . Revenue of $2.13B (+6.5% Y/Y) misses by $70M . Results were $.03 above third quarter guidance of $2.80 per share primarily due to higher prices and mix in our Packaging and Paper s...

Packaging Corporation of America (NYSE: PKG) today reported third quarter 2022 net income of $262 million, or $2.80 per share, and net income of $266 million, or $2.83 per share, excluding special items. Third quarter net sales were $2.1 billion in 2022 and $2.0 billion in 2021. Rep...

Packaging ( NYSE: PKG ) is scheduled to announce Q3 earnings results on Monday, October 24th, after market close. The consensus EPS Estimate is $2.81 (+4.5% Y/Y) and the consensus Revenue Estimate is $2.2B (+10.0% Y/Y). Over the last 2 years, PKG has beaten EPS estim...

Summary Graphic Packaging Holding Company has done well to continue growing both its top and bottom lines in recent months. Although we could see some weakness if the economy does experience some pain, the company is cheap and has limited downside. In all, the firm is likely t...

Summary International Paper Company unlocks double-digit topline growth YoY, despite declining sales volume on both of its operating segments. It improves its operating margin, despite today's tough operating environment, snowballing its growing EPS. This is thanks to Internat...

Summary There are 24 stocks on my high yield watchlist for October 2022. Nearly all of the stocks on my watchlist are undervalued based on dividend yield theory. Two stocks on the watchlist are down more than 40% year-to-date and now may be a good time to buy. High Y...