Recent Updates — PKG

Packaging Corporation of America reported third quarter 2026 net income of $262 million, or $2.93 diluted earnings per share, compared to $227 million, or $2.51 per share, in the prior year period. Net sales increased 12% to $2.6 billion from $2.3 billion. Excluding special items such as facility closure costs and acquisition charges, adjusted EPS was $3.04, beating guidance of $2.91 per share by $0.13. The company expects fourth quarter earnings of $2.81 per share excluding special items, citing expected increases in freight and fiber costs offset by improved pricing.

Packaging Corporation of America reported second quarter 2026 net income of $192 million, or $2.15 per diluted share, compared to $241.5 million, or $2.67 per diluted share, in the second quarter of 2025. Net sales rose to $2.5 billion from $2.2 billion in the prior-year period. Results included special items related to facility closure costs, restructuring at the Wallula, WA mill, and Greif acquisition integration. Excluding special items, diluted earnings per share were $2.35. The company provided third quarter 2026 earnings guidance of $2.91 per share, excluding special items. Packaging Corporation of America is a manufacturer of containerboard and uncoated freesheet paper.