PKG News and Press, Packaging Corporation of America From 05/18/22

Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $5.00 per share from $4.00 per share, a 25% increase. The first quarterly dividend of $1.25 per share will be paid to sharehold...

A stock market bottom is closer but more than half of the needed conditions have yet to be met, according to Oppenheimer. Now three out of 10 boxes in its Stock Market Bottom checklist are checked, up from just one last week, technical analyst Ari Wald wrote in a note. "While the checklist do...

Graphic Packaging Holding Company has a solid operating history in most respects, with recent acquisitions helping to push results higher. The company is slated to have a particularly strong 2022 and shares are priced attractively compared to most similar firms. On the whole, the ...

The number of stocks dropped from BofA's quantmental Alpha Surprise Portfolio dwarfed the number of new entrants in April. The portfolio return was -6.8% for the month, outperforming the S&P 500 (SP500) (SPY), -8.8%, but trailing the equal weight S&P 500 (RSP), -6.4% for the month. Th...

Goldman Sachs boosted its forecast for dividend growth this year, with earnings growth the primary driver. The equity team now sees dividend growth of +10% for 2022. S&P 500 (SP500) (SPY) dividends per shares "grew by +11% year/year in 1Q 2022," strategist David Kostin wrote in a note. "I...

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International Paper's management team is due to report financial results for the first quarter of the company's 2022 fiscal year. Historically speaking, International Paper has been a volatile one and analysts expect that to continue for this upcoming release. IP stock is priced c...

Packaging Corporation of America (PKG) Q1 2022 Earnings Conference Call April 26, 2022 9:00 AM ET Company Participants Mark Kowlzan - Chairman and CEO Thomas Hassfurther - EVP, Corrugated Products Robert Mundy - EVP and CFO Conference Call Participants John Babcock - Bank of America Mark Wild...

Packaging Corporation of America (NYSE:PKG) shares are pressing gains in extended trading on Monday.  The Lake Forest, Illinois-based reported first quarter earnings per share of $2.72 and net sales of $2.14 billion, exceeding expectations set at $2.52 and $2.05 billion respectively when...

Packaging press release (NYSE:PKG): Q1 Non-GAAP EPS of $2.72 beats by $0.20. Revenue of $2.14B (+18.2% Y/Y) beats by $90M. Shares +1.7%. For further details see: Packaging Non-GAAP EPS of $2.72 beats by $0.20, revenue of $2.14B beats by $90M