Packaging Corp of America (NYSE:PKG) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
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Earnings
Packaging Corp of America beat estimated earnings by 33.33%, reporting an EPS of $2.76 versus an estimate of $2.07, which surprised analysts.
Revenue was up $329.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.35, which was followed by a 1.58% increase in the share price the next day.
Here's a look at Packaging Corp of America's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.34 | 1.77 | 1.46 | 1.42 |
| EPS Actual | 2.69 | 2.17 | 1.77 | 1.33 |
| Revenue Estimate | 1.93B | 1.77B | 1.71B | 1.73B |
| Revenue Actual | 2.00B | 1.88B | 1.81B | 1.71B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
