PKG News and Press, Packaging Corporation of America From 02/03/23

Summary Packaging Corporation of America delivered a good Q4, confirming a clear competitive advantage. Supportive buyback and a solid balance sheet to breathe in this environment of rising interest rates. A better Q1 outlook compared to IP and WestRock. Our buy rating is then confi...

Summary Greif is an undervalued but well-run company with strong execution. The company is executing a $150 million buyback. Management understands that the stock is undervalued and wants to deliver shareholder value to bring it to industry-average levels. Not Exactly Dund...

Summary The management team at Avery Dennison is expected to report financial results covering the final quarter of the company's 2022 fiscal year. Leading up to that point, sales, profits, and cash flows have all been rising nicely. Shares of the company also look attractively pric...

Packaging Corporation of America ( NYSE: PKG ) rallied after the manufacturing company topped profit estimates with its Q4 earnings report . The company said it was able to offset the negative impact of lower demand in the packaging segment through cost management and process opti...

Packaging Corporation of America (PKG) Q4 2022 Earnings Conference Call January 26, 2023, 09:00 ET Company Participants Mark Kowlzan - Chairman & CEO Thomas Hassfurther - EVP, Corrugated Products Robert Mundy - EVP & CFO Conference Call Participants ...

Packaging press release ( NYSE: PKG ): Q4 Non-GAAP EPS of $2.35 beats by $0.12 . Revenue of $1.98B (-2.9% Y/Y) misses by $70M . For further details see: Packaging Non-GAAP EPS of $2.35 beats by $0.12, revenue of $1.98B misses by $70M

Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2022 net income of $212 million, or $2.31 per share, and net income of $215 million, or $2.35 per share, excluding special items. Fourth quarter net sales were $1.98 billion in 2022 and $2.04 billion in 2021. Full year 202...

Packaging ( NYSE: PKG ) is scheduled to announce Q4 earnings results on Wednesday, January 25th, after market close. The consensus EPS Estimate is $2.23 (-19.2% Y/Y) and the consensus Revenue Estimate is $2.05B (+0.5% Y/Y). Over the last 2 years, PKG has beaten EPS estimates...

Summary Shares of Sealed Air Corporation have taken a hit over the past few months, with some weakness showing on the company's top line. Even so, the company's fundamental condition is robust, and the picture has been enhanced by a major acquisition. The stock is also cheap, leavin...

Summary It's been some time since I reviewed Packaging Corporation of America. Given that I'm a fairly heavy investor in things like packaging, timber and cardboard/paper, this is warranted now. I've looked at PKG a number of times in the past, and my latest stance at least outperformed...