While the top- and bottom-line numbers for Packaging Corp. (PKG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Packaging Corp. (PKG) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.05 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Packaging Corp. (PKG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
PKG's third-quarter 2024 results are likely to reflect the impacts of lower prices in both segments, offset by stable packaging demand.
Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Packaging Corp. (PKG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Packaging Corp (PKG) stock has been gaining on robust demand for packaging materials. The positive trend is anticipated to continue.
Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Packaging Corp. (PKG) and Tetra Tech (TTEK) have performed compared to their sector so far this year.
Packaging Corporation of America (NYSE:PKG ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman & Chief Executive Officer Tom Hassfurther - Executive Vice President, Corrugated Products Bob Mundy - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxland - Truist Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi Gabe Hajde - Wells Fargo Philip Ng - Jefferies Charlie Muir-Sands - BNP Paribas Operator Good morning. Thank you for joining Packaging Corporation of America's Second Quarter 2024 Earnings Results Conference Call.
Packaging Corp's (PKG) Q2 top line reflects the impacts of higher volume in both segments, partially offset by a lower price and mix.
Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.