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Barchart
Neharika Jain

Packaging Corporation Earnings Preview: What to Expect

PKG Packaging Corporation of America

Lake Forest, Illinois-based Packaging Corporation of America (PKG) manufactures and sells containerboard and corrugated packaging products. Valued at a market cap of $20.3 billion, the company operates mills, corrugated products plants, and related facilities. It is expected to announce its fiscal Q4 earnings results before the market opens on Tuesday, Jan. 28.  

Prior to this event, analysts expect the packaging company to report a profit of $2.51 per share, up 17.8% from $2.13 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. In Q3, PKG’s adjusted EPS of $2.65 outpaced the consensus estimates by a solid margin of 6.8%. 

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