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PKG News and Press, Packaging Corporation of America From 07/27/22

Stock Information

Company Name: Packaging Corporation of America
Stock Symbol: PKG
Market: NYSE
Website: packagingcorp.com

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PKG - Sonoco Products Company: Expect Strength To Continue

Sonoco Products Company has done well to grow its top and bottom line most recently, driven by a mixture of strong pricing power and an acquisition it completed this year. The current fiscal year is looking up for the firm despite the uncertain economic environment. Add in the fac...

PKG - Packaging Corporation of America's (PKG) CEO Mark Kowlzan on Q2 2022 Results - Earnings Call Transcript

Packaging Corporation of America (PKG) Q2 2022 Earnings Conference Call July 26, 2022 9:00 AM ET Company Participants Mark Kowlzan – Chairman and Chief Executive Officer Tom Hassfurther – Executive Vice President, Corrugated Products Bob Mundy ...

PKG - Packaging Corporation of America stock slides amid inflation impacts

The specter of inflation hung over an otherwise positive earnings release from Packaging Corporation of America ( NYSE: PKG ) on Tuesday. The Lake Forest, Illinois-based manufacturing company posted strong beats on top and bottom lines for the second quarter. Alo...

PKG - Packaging stock dips as CEO warns of growth softening, despite Q2 beat

Packaging Corporation of America ( NYSE: PKG ) stock fell ~5% on July 26 after CEO Mark Kowlzan warned of growth softening in corrugated products in Q3 due to impact from broad-based inflation and interest rate increases. The company's Q2 non-GAAP EPS rose ...

PKG - Packaging Non-GAAP EPS of $3.23 beats by $0.38, revenue of $2.24B beats by $100M

Packaging press release ( NYSE: PKG ): Q2 Non-GAAP EPS of $3.23 beats by $0.38 . Revenue of $2.24B (+19.1% Y/Y) beats by $100M . "We expect continued inflation in most all of our operating and converting costs to be the primary driver of our third quarter resul...

PKG - Packaging Corporation of America Reports Second Quarter 2022 Results

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. R...

PKG - Berry Global Group: Shares Are Irrationally Low

Berry Global Group has taken a beating in recent months, driven by a downturn in the broader market and as investors fear a possible recession. During this time, the market has ignored generally attractive performance reported by management, although cash flow has weakened a bit. ...

PKG - Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2022 Operating Results

Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, July 26, 2022 at 9:00 a.m. Eastern Time to discuss second quarter 2022 results. The conference call leader will be Mark Kowlzan. Second quarter earnings results will be released after the market closes ...

PKG - Ranpak Holdings Corp.: A Promising Packaging Play

Ranpak Holdings Corp. has managed to perform well over the past few years. This year should also be generally favorable even though the company had a disappointing first quarter. Add on its interesting value proposition to the fact that shares look cheap, and it's definitely worth...

PKG - Sealed Air Corporation: Shares Look Better Now

Sealed Air Corporation has been hit by the recent market decline like most companies, but it has at least outperformed the market this year. This comes even as the financial condition of the company continues to improve and its future looks bright. Add in how cheap shares are and ...

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