Packaging Corp. (PKG) Tops Q1 EPS by 2c, Revenues Miss; Offers 2Q EPS Guidance Below Consensus

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Packaging Corporation of America Reports First Quarter 2019 Results

April 24, 2019 5:29 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported first quarter 2019 net income of $187 million, or $1.97 per share and $1.98 per share excluding special items. First quarter net sales were $1.73 billion in 2019 and $1.69 billion in 2018.

Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended March 31 2019 2018 Change Reported Diluted EPS $ 1.97 $ 1.48... More