{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-014152","form_type":"8-K","ticker":"PKG","cik":"0000075677","company_name":"PACKAGING CORP OF AMERICA","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.173656+00:00","generated_at":"2026-06-16T17:36:45.711056+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Packaging Corp Q1 EPS $2.20 ex-items misses $2.23 guide; Q2 outlook $1.96","bullets":["Q1 GAAP EPS $2.11 ($2.20 ex-items), down from $2.72 YoY; net sales $2.0B vs $2.1B.","Packaging segment income $268M, down 26% from $362M; corrugated shipments fell 12.7%.","Q2 2023 EPS guidance $1.96, below Q1's $2.20 ex-items and prior-year quarter.","CEO cited higher rates, inflation shifting spending to services, and manufacturing contraction.","Share repurchases in H2 2022 added $0.11 to EPS; lower share count partially offset weakness."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-014152","json":"https://secwatch.observer/filing/0000950170-23-014152.json","markdown":"https://secwatch.observer/filing/0000950170-23-014152.md","text":"https://secwatch.observer/filing/0000950170-23-014152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/75677/000095017023014152/0000950170-23-014152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75677/000095017023014152/pkg-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:36:45.711056+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b0b86c4cddd53bca2ef7411adb64addf477a97ac","claim":"PACKAGING CORP OF AMERICA reported Three Months Ended March 31, 2023 results: revenue $2.0 billion, net income $190 million, EPS $2.11 per share. Guidance initiated.","evidence_excerpt":"PACKAGING CORPORATION OF AMERICA REPORTS FIRST QUARTER 2023 RESULTS Lake Forest, IL, April 24, 2023 – Packaging Corporation of America (NYSE: PKG) today reported first quarter 2023 net income of $190 million, or $2.11 per share, and net income of $198 million, or $2.20 per share, excluding special items. First quarter net sales were $2.0 billion in 2023 and $2.1 billion in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/75677/000095017023014152/0000950170-23-014152-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended March 31, 2023"},{"label":"Revenue","value":"$2.0 billion"},{"label":"Net income","value":"$190 million"},{"label":"EPS","value":"$2.11 per share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}