Citi Downgrades Packaging Corp. of America (PKG) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Packaging Corp's (PKG) 4Q Driven by Lower Tax Rate and Packaging Margins - Reiterates Buy
January 26, 2016 7:59 AM ESTJefferies reiterated a Buy rating and $71.00 price target on Packaging Corp. of America (NYSE: PKG) following the company's 4Q earnings report and guidance. PKG reported diluted EPS of $1.08 during 4Q15, coming in ahead of consensus and guidance of $1.03, driven mostly by a lower... More
Packaging Corp. (PKG) Tops Q4 EPS by 5c; Guides Q2 EPS Below the Street
January 25, 2016 5:47 PM ESTPackaging Corp. (NYSE: PKG) reported Q4 EPS of $1.08, $0.05 better than the analyst estimate of $1.03. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.43 billion.
GUIDANCE:
Packaging Corp. sees Q1 2016 EPS of $1.00, versus the consensus of $1.08.
Commenting on reported results, Mark W. Kowlzan,... More
Packaging Corp. (PKG) Sinks After Pair of Downgrades Ahead of EPS Print
January 25, 2016 9:37 AM ESTPackaging Corp. (NYSE: PKG) is down 11% early after getting downgraded twice (Citi and Macquarie) ahead of tonight's earnings.
... More