secwatch.observer — SEC 8-K summary
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Issuer:     PACKAGING CORP OF AMERICA (PKG)
CIK:        0000075677
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000950170-24-007108
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75677/000095017024007108/0000950170-24-007108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75677/000095017024007108/pkg-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007108

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer