Packaging Corporation of America Q4 Profit Beats Estimates
(RTTNews) - Packaging Corporation of America (PKG) reported earnings for fourth quarter that beat the Street estimates.
The company's bottom line came in at $211.7 million, or $2.31 per share. This compares with $216.5 million, or $2.28 per share, in last year's fourth quarter.
Excluding items, Packaging Corporation of America reported adjusted earnings of $215.1 million or $2.35 per share for the period.
Analysts on average had expected the company to earn $2.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
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