Packaging Corporation of America (NYSE:PKG) Q4 2022 Earnings Call Transcript January 26, 2023 Operator: Good day, everyone. Thank you for joining Packaging Corporation of America’s Fourth Quarter and Full Year 2022 Earnings Results Conference Call. Your host will be Mark Kowlzan, Chairman and Chief Executive Officer of PCA. Upon conclusion of his narrative, there will […]
Packaging Corp's (PKG) fourth-quarter results bear the blunts of lower volumes in the Packaging and Paper segments.
LAKE FOREST, Ill., January 25, 2023--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2022 net income of $212 million, or $2.31 per share, and net income of $215 million, or $2.35 per share, excluding special items. Fourth quarter net sales were $1.98 billion in 2022 and $2.04 billion in 2021. Full year 2022 net income was $1.03 billion, or $11.03 per share, and net income of $1.04 billion, or $11.14 per share, excluding special items. Full year net sales were $8.5 bill