Packaging Corp. Beats Q2 Estimates on Record Shipments

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Packaging Corporation of America reported second-quarter 2026 adjusted earnings of $2.35 per share, down 5.2% year over year but beating the Zacks Consensus Estimate of $2.31 and the company's guidance of $2.33. Sales increased 14.7% to $2.49 billion, surpassing the consensus estimate of $2.40 billion, driven by record quarterly corrugated products shipments that rose 24.3% from the prior-year quarter. The company expects third-quarter 2026 adjusted earnings of $2.91 per share, assuming continued strong packaging demand and benefits from previously announced price increases. Shares have added about 6.7% since the last earnings report, outperforming the S&P 500, though estimates have trended downward in the past month and the stock carries a Zacks Rank #3 (Hold).

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