Packaging Corp. (PKG) Misses Q1 EPS by 9c

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Go back to Packaging Corp. (PKG) Misses Q1 EPS by 9c

Packaging Corporation of America Reports First Quarter 2015 Results

April 20, 2015 5:00 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported first quarter net income of $91 million, or $0.92 per share compared to last years first quarter net income of $90 million, or $0.92 per share. Earnings included charges for special items for the Boise integration and DeRidder, Louisiana mill restructuring of $9 million, or $0.09 per share. Excluding special items, first quarter 2015 net income was $100 million, or $1.01 per share, compared to first quarter 2014 net income of $106 million, or $1.08 per share. First quarter net sales were $1.4 billion in both 2015 and 2014.

Excluding special items, the $0.07 per... More