---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-054671"
form_type: "8-K"
ticker: "PKG"
cik: "0000075677"
company_name: "PACKAGING CORP OF AMERICA"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T15:18:33.392425+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Packaging Corp of America Q3 EPS $2.05 ex-special beats guidance $1.88; net sales $1.9B

## Summary
- GAAP EPS $2.03, ex-special $2.05; guidance was $1.88.
- Net sales $1.9B, down 9.5% YoY on lower price/mix ($1.33/sh) and volume in Packaging.
- Packaging income $256.8M, down from $359.2M YoY; shipments per day up 1.9%.
- Q4 EPS guidance $1.76, reflecting seasonal paper volume drop and Wallula restart costs.
- Share repurchases in H2 2022 added $0.11 per share benefit.

## SEC filing metadata
- accession: 0000950170-23-054671
- form_type: 8-K
- ticker: PKG
- cik: 0000075677
- company_name: PACKAGING CORP OF AMERICA
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75677/000095017023054671/0000950170-23-054671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75677/000095017023054671/pkg-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-054671
- JSON: https://secwatch.observer/filing/0000950170-23-054671.json
- Plain text: https://secwatch.observer/filing/0000950170-23-054671.txt

## Key facts
- Earnings Releases
  PACKAGING CORP OF AMERICA reported third quarter 2023 results: revenue $1.9 billion, net income $183 million, EPS $2.03 per share.
  - Period: third quarter 2023
  - Revenue: $1.9 billion
  - Net income: $183 million
  - EPS: $2.03 per share
  - Result: reported results
  source text: Packaging Corporation of America (NYSE: PKG) today reported third quarter 2023 net income of $183 million, or $2.03 per share, and net income of $185 million, or $2.05 per share, excluding special items. Third quarter net sales were $1.9 billion in 2023 and $2.1 billion in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/75677/000095017023054671/0000950170-23-054671-index.htm

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