Packaging Corporation of America Common Stock (PKG)
213.50
-0.74 (-0.35%)
Packaging Corp of America is a leading manufacturer of containerboard and corrugated packaging products in the United States
The company focuses on providing innovative packaging solutions that cater to a wide range of industries, including food and beverage, consumer goods, and industrial products. With a commitment to sustainability, Packaging Corp of America emphasizes the use of recycled materials and eco-friendly practices in its production processes. Their extensive network of manufacturing facilities and a strong logistical framework enable the company to efficiently serve its customers and meet their packaging needs with high-quality and reliable products.
Packaging Corporation of America (NYSEPKG) announced better-than-expected revenue in Q4 CY2024, with sales up 10.7% year on year to $2.15 billion. Its GAAP profit of $2.45 per share was 3.3% below analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Graphic Packaging Holding (NYSEGPK) and the best and worst performers in the industrial packaging industry.
Looking back on industrial packaging stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Packaging Corporation of America (NYSEPKG) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how industrial packaging stocks fared in Q3, starting with Berry Global Group (NYSEBERY).
Let’s dig into the relative performance of International Paper (NYSEIP) and its peers as we unravel the now-completed Q3 industrial packaging earnings season.
Over the past six months, Packaging Corporation of America has been a great trade, beating the S&P 500 by 15.6%. Its stock price has climbed to $229.45, representing a healthy 25.3% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the industrial packaging stocks, including Silgan Holdings (NYSESLGN) and its peers.
Integrated packaging solutions provider Sealed Air Corporation (NYSESEE)
will be reporting results tomorrow before market hours. Here’s what investors should know.
