---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-046545"
form_type: "8-K"
ticker: "PKG"
cik: "0000075677"
company_name: "PACKAGING CORP OF AMERICA"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:55:40.968594+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PCA reports Q1 2024 adjusted EPS of $1.72, down from $2.20 YoY; revenue flat at $2.0B

## Summary
- Net income $147M ($1.63 reported EPS); adjusted EPS $1.72 vs $2.20 prior year, a $0.48 decline.
- Packaging segment income ex special items $207.7M, down from $277.4M YoY; prices/mix down $1.33 per share.
- Corrugated shipments per day up 11% YoY; containerboard production 1,162,000 tons; inventory at record low.
- Q2 2024 guidance $2.07 per share, citing higher packaging prices and volumes, lower paper volume due to mill outage.
- Special items mainly Jackson, AL mill conversion costs.

## SEC filing metadata
- accession: 0000950170-24-046545
- form_type: 8-K
- ticker: PKG
- cik: 0000075677
- company_name: PACKAGING CORP OF AMERICA
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75677/000095017024046545/0000950170-24-046545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75677/000095017024046545/pkg-20240422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-046545
- JSON: https://secwatch.observer/filing/0000950170-24-046545.json
- Plain text: https://secwatch.observer/filing/0000950170-24-046545.txt

## Key facts
- Earnings Releases
  PACKAGING CORP OF AMERICA reported first quarter 2024 results: net income $147 million, or $1.63 per share.
  - Period: first quarter 2024
  - Net income: $147 million, or $1.63 per share
  - Result: reported results
  source text: Packaging Corporation of America (NYSE: PKG) today reported first quarter 2024 net income of $147 million, or $1.63 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/75677/000095017024046545/0000950170-24-046545-index.htm

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