Earnings Outlook For Packaging Corp of America

Packaging Corp of America PKG is set to give its latest quarterly earnings report on Wednesday, 2022-01-26. Here's what investors need to know before the announcement.

Analysts estimate that Packaging Corp of America will likely report an Earnings Per Share (EPS) of $2.07.

Packaging Corp of America bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.35, which was followed by a 1.58% increase in the share price the next day.

Here's a look at Packaging Corp of America's past performance and the resulting price change:

Stock Performance

Shares of Packaging Corp of America were trading at $136.57 as of January 24. Over the last 52-week period, shares are down 0.65%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

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