PKG Q4 adj EPS $2.35 vs $2.76 YoY; guides Q1 $2.23 on softer demand

PACKAGING CORP OF AMERICA

2022-FY EPS reported $11.03 revenue$8,478,000,000

Q4 net sales $1.98B, down 3% YoY; adj EPS $2.35 vs $2.76, missing consensus.
Packaging segment income $282.4M, down 23% YoY; shipments per day down 8.7%.
Full year adj EPS $11.14 vs $9.39; revenue $8.5B, up 10% from $7.7B.
Q1 2023 EPS guidance $2.23; expects similar box demand per day but lower prices.
Repurchased over 3M shares in Q4 at avg $126.70/share; reduced share count.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PACKAGING CORP OF AMERICA reported fourth quarter 2022 results: revenue $1.98 billion, net income $212 million, EPS $2.31 per share.

Period: fourth quarter 2022
Revenue: $1.98 billion
Net income: $212 million
EPS: $2.31 per share
Result: reported results

Exact text from the filing

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

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PACKAGING CORP OF AMERICA reported full year 2022 results: revenue $8.5 billion, net income $1.03 billion, EPS $11.03 per share.

Period: full year 2022
Revenue: $8.5 billion
Net income: $1.03 billion
EPS: $11.03 per share
Result: reported results

Exact text from the filing

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 billion in 2022 and $7.7 billion in 2021. Diluted earnings per share attributable to Packaging Corporation of America shareholders Three Months Ended Full Year Ended December 31,

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

PACKAGING CORP OF AMERICA filing history →

Source: SEC EDGAR

accession 0000950170-23-001189

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