secwatch.observer — SEC 8-K summary
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Issuer:     PACKAGING CORP OF AMERICA (PKG)
CIK:        0000075677
Form:       8-K
Filed at:   2022-04-25T23:59:59+00:00
Accession:  0000950170-22-006111
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PKG Q1 EPS $2.72 ex-special beats $2.50 guidance; Q2 guidance $2.83
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- Net income $254M ($2.70 GAAP); ex-special $256M ($2.72 EPS), $0.22 above guidance.
- Revenue $2.1B, up 17% YoY, on higher prices/mix and record box shipments in Packaging.
- Packaging segment income $362M (ex-special $363M); Paper $22M; Corporate & Other ($28M).
- Q2 2022 EPS guidance $2.83 citing strong demand and price increases despite inflation.
- Containerboard inventory down 4K tons QoQ, below targeted levels; mills operating well.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75677/000095017022006111/0000950170-22-006111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75677/000095017022006111/pkg-20220425.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-006111

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