DA Davidson Upgrades Packaging Corp. of America (PKG) to Buy

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Go back to DA Davidson Upgrades Packaging Corp. of America (PKG) to Buy

Packaging Corp. (PKG) Reports In-Line Q4 EPS; Issues Light Q1 EPS Outlook

January 26, 2015 5:15 PM EST

Packaging Corp. (NYSE: PKG) reported Q4 EPS of $1.16, in-line with the analyst estimate of $1.16. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.48 billion.

Commenting on reported results for the quarter and full year, Mark W. Kowlzan, CEO, said We had a solid quarter with strong corrugated products demand, productive mill operations, and a successful rebuild and... More