earnings
confidence high
sentiment positive
materiality 0.80
Packaging Corp of America Q2 EPS $2.17; net sales $1.9B; guides Q3 $2.37
PACKAGING CORP OF AMERICA
2021-Q2 EPS reported
$3.92
revenue$3,687,000,000
- Net income $207M ($2.17/sh) vs $0.59 in Q2 2020; adjusted EPS $2.17 vs $1.38.
- Net sales $1.9B vs $1.5B; Packaging segment income $314.2M (ex-special items) vs $223.6M.
- Corrugated shipments per day up 9.6% YoY; containerboard production 1,192,000 tons.
- Q3 2021 EPS guidance of $2.37 per share on continued strong demand.
- CEO highlights cost inflation, logistics challenges, and price increase momentum.