Packaging Corp. (PKG) Misses Q4 EPS by 7c

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Go back to Packaging Corp. (PKG) Misses Q4 EPS by 7c

Packaging Corporation of America Reports Fourth Quarter and Full Year 2020 Results

January 27, 2021 5:00 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2020 net income of $124 million, or $1.30 per share, and net income of $127 million, or $1.33 per share, excluding special items. Fourth quarter net sales were $1.7 billion in both 2020 and 2019. Full year 2020 net income was $461 million, or $4.84 per share, and net income of $550 million, or $5.78 per share, excluding special items. Full year net sales were $6.7 billion in 2020 and $7.0 billion in 2019.

Diluted earnings per share attributable to Packaging Corporation of America shareholders

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