secwatch.observer — SEC 8-K summary
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Issuer:     PACKAGING CORP OF AMERICA (PKG)
CIK:        0000075677
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000950170-23-054671
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75677/000095017023054671/0000950170-23-054671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75677/000095017023054671/pkg-20231023.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-054671

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