Packaging Corporation of America (NYSE:PKG) Releases Earnings Results, Beats Estimates By $0.11 EPS

Packaging Corporation of America (NYSE:PKG) Releases Earnings Results, Beats Estimates By $0.11 EPS

Packaging Corporation of America (NYSE:PKG - Get Free Report) announced its quarterly earnings results on Wednesday. The industrial products company reported $3.04 EPS for the quarter, topping the consensus estimate of $2.93 by $0.11. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.

Packaging Corporation of America Posts $2.93 Q3 GAAP EPS

Net sales climbed 12.5% to $2.60 billion, while adjusted EPS reached $3.04, 13 cents above company guidance.

Packaging Corporation of America (NYSE:PKG) Releases Earnings Results, Beats Expectations By $0.11 EPS

Packaging Corporation of America (NYSE:PKG – Get Free Report) posted its quarterly earnings data on Wednesday. The industrial products company reported $3.04 EPS for the quarter, beating the consensus estimate of $2.93 by $0.11, Zacks reports. The business had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.61 billion. Packaging Corporation […]