---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-000510"
form_type: "8-K"
ticker: "PKG"
cik: "0000075677"
company_name: "PACKAGING CORP OF AMERICA"
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T15:11:19.857381+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Packaging Corp of America Q4 adj EPS $2.76 beats guidance; board authorizes $1B buyback

## Summary
- Q4 adj. EPS $2.76 (vs guidance $2.04); revenue $2.0B (+18% YoY).
- FY21 adj. EPS $9.39 (vs $5.78 in FY20); revenue $7.7B (+15% YoY).
- Board authorized new $1B share repurchase; Q4 repurchased 1.4M shares for $193M.
- Q1 2022 guidance: EPS $2.50; announced $70/ton containerboard price increase.
- Packaging segment income $365.8M (up 74% YoY); record corrugated shipments per day.

## SEC filing metadata
- accession: 0000950170-22-000510
- form_type: 8-K
- ticker: PKG
- cik: 0000075677
- company_name: PACKAGING CORP OF AMERICA
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75677/000095017022000510/0000950170-22-000510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75677/000095017022000510/pkg-20220126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-000510
- JSON: https://secwatch.observer/filing/0000950170-22-000510.json
- Plain text: https://secwatch.observer/filing/0000950170-22-000510.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.