Packaging Corp. (PKG) Tops Q4 EPS by 5c, Comments on Q1

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Go back to Packaging Corp. (PKG) Tops Q4 EPS by 5c, Comments on Q1

Packaging Corporation of America Reports Fourth Quarter and Full Year 2017 Results

January 30, 2018 5:16 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2017 net income of $269 million, or $2.84 per share and $1.56 per share excluding special items. Fourth quarter net sales were $1.7 billion in 2017 and $1.5 billion in 2016. Full year 2017 net income was $669 million, or $7.07 per share and $6.02 per share excluding special items. Full year 2017 net sales were $6.4 billion compared to 2016 net sales of $5.8 billion.

 

Diluted earnings per share attributable to Packaging Corporation of America shareholders

    Three Months Ended Full Year Ended December 31 December 31 2017   2016   Change 2017   2016 Change Reported Diluted EPS $ 2.84 $ 1.17 $ 1.67... More