|Bid||0.00 x 2900|
|Ask||117.32 x 1100|
|Day's Range||115.10 - 117.89|
|52 Week Range||71.05 - 120.71|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||23.44|
|Earnings Date||Jan 27, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||3.16 (2.73%)|
|Ex-Dividend Date||Sep 14, 2020|
|1y Target Est||106.36|
Packaging Corp's (PKG) Q3 earnings decline, year over year, on lower prices and mix in the Packaging and Paper segments, dismal volumes in the Paper segment and scheduled maintenance outage costs.
Packaging Corp. (PKG) delivered earnings and revenue surprises of 15.44% and 2.21%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Packaging Corporation of America (NYSE: PKG) today reported third quarter 2020 net income of $139 million, or $1.46 per share, and net income of $149 million, or $1.57 per share, excluding special items. Third quarter net sales were $1.69 billion in 2020 and $1.75 billion in 2019.