Packaging Corp. (PKG) Misses Q3 EPS by 2c, Q4 EPS Guidance Falls Short

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Packaging Corporation of America Reports Third Quarter 2015 Results

October 20, 2015 5:45 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported third quarter net income of $128 million, or $1.31 per share, compared to last years third quarter net income of $104 million, or $1.06 per share. Earnings included a $5 million, or $.05 per share, net gain for special items related to the Boise integration including the sale of the former St. Helens mill site previously operated by Boise Inc. Excluding special items, third quarter 2015 net income was $123 million, or $1.26 per share, compared to third quarter 2014 net income of $124 million, or $1.26 per share. Third... More