Packaging Corporation of America Reports First Quarter 2017 Results

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Go back to Packaging Corporation of America Reports First Quarter 2017 Results

Packaging Corp. (PKG) Tops Q1 EPS by 4c

April 26, 2017 5:15 PM EDT

Packaging Corp. (NYSE: PKG) reported Q1 EPS of $1.27, $0.04 better than the analyst estimate of $1.23. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.48 billion.

GUIDANCE:

Packaging Corp. sees Q2 2017 EPS of $1.45, versus the consensus of $1.41.

Commenting on the quarter, Mark W. Kowlzan, Chairman and CEO, said, Our results were driven by strong demand and higher prices... More