Packaging Corporation of America Common Stock (PKG)

Packaging Corporation of America (NYSEPKG) today reported fourth quarter 2024 net income of $221 million, or $2.45 per share, and net income of $222 million, or $2.47 per share, excluding special items. Fourth quarter net sales were $2.1 billion in 2024 and $1.9 billion in 2023. Full year 2024 net income was $805 million, or $8.93 per share, and net income of $814 million, or $9.04 per share, excluding special items. Full year net sales were $8.4 billion in 2024 and $7.8 billion in 2023.

Packaging Corporation of America (NYSEPKG) will hold a conference call on Wednesday, January 29, 2025 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2024 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Tuesday, January 28, 2025.

Packaging Corporation of America (NYSEPKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 20, 2024 with a payment date of January 15, 2025. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.

Packaging Corporation of America (NYSEPKG) today reported third quarter 2024 net income of $238 million, or $2.64 per share, and net income of $239 million, or $2.65 per share, excluding special items. Third quarter net sales were $2.2 billion in 2024 and $1.9 billion in 2023.

Packaging Corporation of America (NYSEPKG) will hold a conference call on Wednesday, October 23, 2024 at 9:00 a.m. Eastern Time to discuss third quarter 2024 results. The conference call leader will be Mark Kowlzan. Third quarter earnings results will be released after the market closes on Tuesday, October 22, 2024.

Packaging Corporation of America (NYSEPKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 16, 2024 with a payment date of October 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.

Packaging Corporation of America (NYSEPKG) today reported second quarter 2024 net income of $199 million, or $2.21 per share, and net income of $199 million, or $2.20 per share, excluding special items. Second quarter net sales were $2.1 billion in 2024 and $2.0 billion in 2023.

EQNX::TICKER_START (OTCQB:NGTF),(NYSEGPK),NYSE:CCKNYSECCK)(NASDAQ:KRTNASDAQKRT,(NYSE:PKGNYSE) EQNX::TICKER_END

PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- - FinancialNewsMedia.com News Commentary - The consumer packaged goods (CPG) market is projected to grow at a significant rate due to the rising population rate and increasing consumer awareness. Consumer packaged goods (CPG) are daily-use items that are consumed or used in some form by the average general population. These products have to be regularly replaced with new stocks and include items such as household commodities, food & beverages, makeup & personal care products, clothes, and other essentials. The CPG industry is one of the most competitive industries globally. The products appear as simple everyday items but the extensive number of players and the large chain of products offered by them has intensified market competitiveness. A report from Zion Market Research projected that the global consumer packaged goods (CPG) market size, which was worth around USD 160.75 billion in 2022, is predicted to grow to around USD 244.92 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.40% between 2023 and 2030. The report said: “Another key aspect of the industry is that the purchase cost per item is relatively low however, the investment cost is higher since consumer packaged goods are produced in bulk and are highly vulnerable to damage if they are stored under the wrong conditions. As opposed to durable goods, consumer packaged goods have a limited lifespan and must be used within their recommended shelf life to avoid being discarded without use. The rising population rate has further amplified the demand for CPG along with other factors.”   Active Companies in the industry includes: Nightfood Holdings Inc. (OTCQB: NGTF), Graphic Packaging Holding Company (NYSEGPK), Crown Holdings, Inc. NYSE: CCKNYSECCK)(NASDAQ: KRTNASDAQKRT, Packaging Corporation of America (NYSE: PKGNYSE).

Packaging Corporation of America (NYSEPKG) will hold a conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time to discuss second quarter 2024 results. The conference call leader will be Mark Kowlzan. Second quarter earnings results will be released after the market closes on Tuesday, July 23, 2024.

Packaging Corporation of America (NYSEPKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 14, 2024 with a payment date of July 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.

Packaging Corporation of America fell into the buy zone after tepid guidance led the market to reset expectations and align with analysts' sentiment

Packaging Corporation of America (NYSEPKG) today reported first quarter 2024 net income of $147 million, or $1.63 per share, and net income of $155 million, or $1.72 per share, excluding special items. First quarter net sales were $2.0 billion in 2024 and 2023.

Packaging Corporation of America (NYSEPKG) will hold a conference call on Tuesday, April 23, 2024 at 9:00 a.m. Eastern Time to discuss first quarter 2024 results. The conference call leader will be Mark Kowlzan. First quarter earnings results will be released after the market closes on Monday, April 22, 2024.

Packaging Corporation of America (NYSEPKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of March 15, 2024 with a payment date of April 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.

Packaging Corporation of America’s (NYSEPKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities’ Global Agriculture and Materials Conference being held at The Conrad Fort Lauderdale Beach in Fort Lauderdale, FL on Thursday, February 29, 2024. After Mr. Kowlzan’s formal presentation, he and Executive Vice President and CFO, Robert Mundy will participate in a Fireside Chat Q&A session. Immediately following, they will be hosting a series of 1 x 1 meetings.

Packaging Corporation of America’s (NYSEPKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities’ Global Agriculture and Materials Conference being held at The Conrad Fort Lauderdale Beach in Fort Lauderdale, FL on Thursday, February 29, 2024. After Mr. Kowlzan’s formal presentation, he and Executive Vice President and CFO, Robert Mundy will participate in a Fireside Chat Q&A session. Immediately following, they will be hosting a series of 1 x 1 meetings.

Packaging Corporation of America (NYSEPKG) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.01% on the day to $151.7.

Packaging Corporation of America (NYSEPKG) today reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and net income of $192 million, or $2.13 per share, excluding special items. Fourth quarter net sales were $1.94 billion in 2023 and $1.98 billion in 2022. Full year 2023 net income was $765 million, or $8.48 per share, and net income of $784 million, or $8.70 per share, excluding special items. Full year net sales were $7.8 billion in 2023 and $8.5 billion in 2022.

Packaging Corporation of America (NYSEPKG) will hold a conference call on Thursday, January 25, 2024 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2023 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Wednesday, January 24, 2024.

Packaging Corporation of America (NYSEPKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of December 18, 2023 with a payment date of January 15, 2024. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.

Packaging Corporation of America is on the brink of a major turnaround and industry normalization that has growth back in the forecast.

Packaging Corporation of America (NYSEPKG) today reported third quarter 2023 net income of $183 million, or $2.03 per share, and net income of $185 million, or $2.05 per share, excluding special items. Third quarter net sales were $1.9 billion in 2023 and $2.1 billion in 2022.

International Paper's steady growth profile and high dividend yield make it a ‘package deal’ for long-term value investors.

Packaging Corporation of America (NYSEPKG) will hold a conference call on Tuesday, October 24, 2023 at 9:00 a.m. Eastern Time to discuss third quarter 2023 results. The conference call leader will be Mark Kowlzan. Third quarter earnings results will be released after the market closes on Monday, October 23, 2023.