Packaging Corporation of America Reports Second Quarter 2016 Results
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Deutsche Bank Downgrades Packaging Corp. of America (PKG) to Hold
July 22, 2016 7:00 AM EDTDeutsche Bank downgraded Packaging Corp. of America (NYSE: PKG) from Buy to Hold with a price target of $75.00 (from $73.00). Analyst Debbie Jones sees limited near-term upside.
"After posting a solid Q2 beat and better-than-street-expected Q3 guide, consensus estimates should increase for PKG. Moreover,... More
Packaging Corp. (PKG) Tops Q2 EPS by 7c
July 20, 2016 5:22 PM EDTPackaging Corp. (NYSE: PKG) reported Q2 EPS of $1.25, $0.07 better than the analyst estimate of $1.18. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.46 billion.
GUIDANCE:
Packaging Corp. sees Q3 2016 EPS of $1.30, versus the consensus of... More
