UPDATE: Packaging Corp. (PKG) Tops Q4 EPS by 8c, Offers Q1 Guidance

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Go back to UPDATE: Packaging Corp. (PKG) Tops Q4 EPS by 8c, Offers Q1 Guidance

Packaging Corporation of America Reports Fourth Quarter and Full Year 2016 Results

January 30, 2017 5:09 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2016 net income of $111 million, or $1.17 per share and $1.23 per share excluding special items. Fourth quarter net sales were $1.5 billion in 2016 and $1.4 billion in 2015. Full year 2016 earnings were $450 million, or $4.75 per share and $4.88 per share excluding special items. Full year 2016 net sales were $5.78 billion compared to 2015 net sales of $5.74 billion.

Diluted earnings per share attributable to Packaging Corporation of America shareholders

    Three Months Ended Full Year Ended December 31 December 31 2016   2015   Change 2016   2015   Change Reported Diluted EPS $ 1.17 $ 1.07 $ 0.10... More