Packaging Corp. (PKG) Sinks After Pair of Downgrades Ahead of EPS Print

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Go back to Packaging Corp. (PKG) Sinks After Pair of Downgrades Ahead of EPS Print

Packaging Corp's (PKG) 4Q Driven by Lower Tax Rate and Packaging Margins - Reiterates Buy

January 26, 2016 7:59 AM EST

Jefferies 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 EST

Packaging 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

Macquarie Downgrades Packaging Corp. of America (PKG) to Underperform

January 25, 2016 7:20 AM EST

Macquarie downgraded Packaging Corp. of America (NYSE: PKG) from Neutral to Underperform.

For an analyst ratings summary and ratings history on Packaging Corp. of America click here. For more ratings news on Packaging Corp. of America click here.

Shares of Packaging Corp. of America closed at $57.66 yesterday.

... More

Citi Downgrades Packaging Corp. of America (PKG) to Neutral

January 25, 2016 7:19 AM EST

Citi downgraded Packaging Corp. of America (NYSE: PKG) from Buy to Neutral.

For an analyst ratings summary and ratings history on Packaging Corp. of America click here. For more ratings news on Packaging Corp. of America click here.

Shares of Packaging Corp. of America closed at $57.66 yesterday.

... More