Packaging Aktie News

Packaging Corporation of America NYSE: PKG had a solid quarter but gave tepid guidance, sending the shares down by 4%. The move is ugly at face value, but, as they say, it's in the eye of the beholder.

Packaging Corporation of America (NYSE:PKG ) Q1 2024 Earnings Call Transcript April 23, 2024 9:00 AM ET Company Participants Mark Kowlzan - Chairman and CEO Tom Hassfurther - EVP, Corrugated Products Bob Mundy - CFO Conference Call Participants George Staphos - Bank of America Securities Nicco Piccini - Truist Mark Weintraub - Seaport Research Partners Gabe Hajde - Wells Fargo Anthony Pettinari...

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) 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. Diluted earnings per share attributable to Packaging Corporation of America shareholders       Th...

NEW YORK , April 1, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Packaging Corporation of America (NYSE: PKG) on behalf of the company's shareholders.  The investigation seeks to determine whether Packaging Corporation of America's directors breached their fiduciary duties in connection with recent corporate actions.

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) 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. To access the conference call, you may pre-regis...

Dividend growth investors focus on consistently growing dividends rather than high yields, as it ensures income continues to grow over time. Dividend safety is often considered of utmost importance for an income investor; however, future dividend growth can pose a greater risk to meeting future goals. The dividend growth coverage ratio, which compares earnings growth to dividend growth, can hel...

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) 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...

LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America's (NYSE: PKG) 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, Rober...