---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-007108"
form_type: "8-K"
ticker: "PKG"
cik: "0000075677"
company_name: "PACKAGING CORP OF AMERICA"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:47:31.437231+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Packaging Corp Q4 adj EPS $2.13 beats $1.76 guidance; Q1 2024 guide $1.54

## Summary
- Q4 2023 net income $189M ($2.10 GAAP, $2.13 adj EPS); adjusted EPS down $0.22 YoY.
- Packaging segment shipments per day up 5.1% YoY; total corrugated shipments up 6.9%.
- Full year 2023 net sales $7.8B down from $8.5B; adj EPS $8.70 vs $11.14 in 2022.
- Q4 segment income: Packaging $263.8M, Paper $28.1M; EBITDA excl. special items $393.5M.
- Q1 2024 EPS expected $1.54, including ($0.16) from Jackson mill conversion outage.

## SEC filing metadata
- accession: 0000950170-24-007108
- form_type: 8-K
- ticker: PKG
- cik: 0000075677
- company_name: PACKAGING CORP OF AMERICA
- filed_at: 2024-01-25T23:59:59+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/75677/000095017024007108/0000950170-24-007108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75677/000095017024007108/pkg-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-007108
- JSON: https://secwatch.observer/filing/0000950170-24-007108.json
- Plain text: https://secwatch.observer/filing/0000950170-24-007108.txt

## Key facts
- Earnings Releases
  PACKAGING CORP OF AMERICA reported fourth quarter 2023 results: revenue $1.94 billion, net income $189 million, EPS $2.10 per share.
  - Period: fourth quarter 2023
  - Revenue: $1.94 billion
  - Net income: $189 million
  - EPS: $2.10 per share
  - Result: reported results
  source text: Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2023 net income of $189 million, or $2.10 per share, and net income of $192 million, or $2.13 per share, excluding special items. Fourth quarter net sales were $1.94 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/75677/000095017024007108/0000950170-24-007108-index.htm
- Earnings Releases
  PACKAGING CORP OF AMERICA reported full year 2023 results: revenue $7.8 billion, net income $765 million, EPS $8.48 per share.
  - Period: full year 2023
  - Revenue: $7.8 billion
  - Net income: $765 million
  - EPS: $8.48 per share
  - Result: reported results
  source text: Full year 2023 net income was $765 million, or $8.48 per share, and net income of $784 million, or $8.70 per share, excluding special items. Full year net sales were $7.8 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/75677/000095017024007108/0000950170-24-007108-index.htm

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