Packaging Corp Reports Q4 Earnings, Misses Estimates

Packaging Corporation of America announces profit increase but misses earnings expectations. The fourth-quarter profit rose to $221.1 million, or $2.45 per share, compared to last year's $2.10. However, analysts anticipated $2.53, indicating potential concerns for investors.

Date: 29-01-2025

AI Rating: 5

Earnings Per Share (EPS): Packaging Corporation of America (PKG) reported earnings totaling $221.1 million, or $2.45 per share for the fourth quarter, which marks an increase from $189.2 million, or $2.10 per share, from the same period last year. However, the company missed the analysts' expectations of $2.53 per share, which could negatively affect investor sentiment.

Revenue Growth: The company's revenue rose by 10.8% to $2.146 billion, compared to $1.937 billion last year. This robust growth in revenue could be viewed positively, indicating a healthy demand for the company's products.

Overall, while the revenue growth is promising, the shortfall in earnings compared to analyst expectations may overshadow the positive aspects.

Stocks: PKG