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Lake Forest, Illinois-based Packaging Corporation of America (PKG) manufactures and sells containerboard and uncoated freesheet (UFS) paper products. Valued at a market cap of $19 billion, the company is expected to announce its fiscal Q1 earnings for 2026 after the market closes on Wednesday, Apr. 22.
Before this event, analysts expect this packaging company to report a profit of $2.29 per share, down marginally from $2.31 per share in the year-ago quarter. The company has topped Wall Street’s bottom-line estimates in two of the last four quarters, while missing on two other occasions. Its earnings of $2.32 per share in the previous quarter fell short of the forecasted figure by 3.7%.
For the current fiscal year, ending in December, analysts expect PKG to report a profit of $11.11 per share, up 12.9% from $9.84 per share in fiscal 2025. Furthermore, its EPS is expected to grow 15.5% year-over-year to $12.83 in fiscal 2027.
Shares of PKG have gained 6.9% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 13.4% return and the State Street Consumer Discretionary Select Sector SPDR ETF’s (XLY) 7.1% uptick over the same time period.
On Jan. 27, PKG delivered weaker-than-expected Q4 results, prompting its shares to plunge 2.7% in the following trading session. Compared to the year-ago quarter, its net sales of $2.4 billion increased 10.1%, while its adjusted EPS of $2.32 declined 6.1%, both falling short of analyst estimates. The company experienced lower corrugated shipment volumes compared to the prior-year quarter.
Wall Street analysts are moderately optimistic about PKG’s stock, with a "Moderate Buy" rating overall. Among 11 analysts covering the stock, six recommend "Strong Buy," and five indicate “Hold." The mean price target for PKG is $241.50, indicating a 13.7% potential upside from the current levels.
