PCA Earnings Reports

Packaging Corporation of America (PCA) reported strong fourth-quarter results for 2024, driven by robust demand in the Packaging segment. Record fourth-quarter total shipments and all-time record shipments per day were achieved. The company's corrugated products plants and mill containerboard system delivered exceptional performance, contributing to higher earnings.

Packaging Corporation of America reported a strong third quarter with net income of $238 million, or $2.64 per share. Excluding special items, net income was $239 million, or $2.65 per share. The results were driven by higher volume and prices in the Packaging segment and strong performance in the Paper segment.

Packaging Corporation of America (PCA) reported second quarter 2024 results, with net income of $199 million, or $2.21 per share. Excluding special items, net income was $199 million, or $2.20 per share. Net sales for the quarter were $2.1 billion, compared to $2.0 billion in the second quarter of 2023. The results were $0.13 above the second quarter guidance of $2.07 per share due to higher volume in the Packaging segment, lower operating and converting costs, and lower freight costs.

Packaging Corporation of America reported a net income of $147 million, or $1.63 per share, for the first quarter of 2024. Excluding special items, net income was $155 million, or $1.72 per share. Net sales remained consistent at $2.0 billion compared to the same period in 2023. The company benefited from strong demand in both the Packaging and Paper segments, which helped offset lower prices and increased operating costs.

Packaging Corporation of America reported fourth quarter net income of $189 million, or $2.10 per share. Excluding special items, net income was $192 million, or $2.13 per share. Net sales for the fourth quarter were $1.94 billion.

Packaging Corporation of America reported third quarter 2023 net income of $183 million, or $2.03 per share. Third quarter net sales were $1.9 billion.

Packaging Corporation of America reported second quarter net income of $203 million, or $2.24 per share. Excluding special items, net income was $209 million, or $2.31 per share. Net sales for the quarter were $2.0 billion, compared to $2.2 billion in the same period last year.

Packaging Corporation of America reported first quarter 2023 results with net income of $190 million, or $2.11 per share, and net sales of $2.0 billion. Excluding special items, net income was $198 million, or $2.20 per share. Packaging segment demand was below expectations due to consumer spending impacted by higher interest rates and inflation.

Packaging Corporation of America reported a net income of $212 million, or $2.31 per share, for the fourth quarter of 2022. Net sales for the quarter were $1.98 billion. The company's performance was influenced by lower packaging demand, which was offset by effective cost management and price increases in the paper segment.

Packaging Corporation of America reported third quarter 2022 net income of $262 million, or $2.80 per share, and net sales of $2.1 billion. Excluding special items, net income was $266 million, or $2.83 per share.

Packaging Corporation of America reported excellent second-quarter results with improved margins despite significant cost inflation and supply chain challenges. The company successfully implemented price increases in both the Packaging and Paper segments. Demand in the Packaging segment was solid, with corrugated demand flat compared to last year's record second quarter. The company expects third-quarter earnings of $2.80 per share.

Packaging Corporation of America reported a strong first quarter in 2022, with net income of $254 million, or $2.70 per share. Excluding special items, net income was $256 million, or $2.72 per share. Net sales for the quarter reached $2.1 billion, compared to $1.8 billion in the same period last year. The company saw record box shipments and implemented price increases in both Packaging and Paper segments.

Packaging Corporation of America reported a strong fourth quarter in 2021 with net income of $217 million, or $2.28 per share. Excluding special items, net income was $262 million, or $2.76 per share. The company benefited from strong demand in the packaging segment and successful implementation of price increases.

Packaging Corporation of America reported strong third quarter results, driven by robust demand in the packaging segment and successful implementation of price increases. The containerboard mills achieved an all-time quarterly sales volume record, and the box plants set new third quarter records for total corrugated products shipments and shipments per day.

Packaging Corporation of America reported second quarter net sales of $1.9 billion and net income of $207 million, or $2.17 per share. Excluding special items, earnings per share were also $2.17.

Packaging Corporation of America reported a strong first quarter in 2021, with net sales reaching $1.8 billion and net income at $167 million, or $1.75 per share. Excluding special items, net income was $169 million, or $1.77 per share. The Packaging segment saw increased volume and prices, while the Paper segment experienced lower volume and prices.

Packaging Corporation of America reported fourth quarter net income of $124 million, or $1.30 per share. Fourth quarter net sales were $1.7 billion, the same as in 2019.

Packaging Corporation of America reported third quarter net income of $139 million, or $1.46 per share. Third quarter net sales were $1.69 billion in 2020, compared to $1.75 billion in 2019.

Packaging Corporation of America reported a decrease in net income for the second quarter of 2020 compared to the previous year. Net income was $57 million, or $0.59 per share, while excluding special items, net income was $132 million, or $1.38 per share. Net sales also decreased from $1.76 billion in 2019 to $1.54 billion in 2020. The company faced challenges in the Paper segment due to the COVID-19 pandemic, but saw strong performance in the Packaging segment.

Packaging Corporation of America reported first quarter net income of $142 million, or $1.49 per share. Excluding special items, net income was $143 million, or $1.50 per share. First quarter net sales were $1.7 billion, the same as the prior year.

Packaging Corporation of America reported fourth quarter 2019 net income of $136 million, or $1.43 per share. Excluding special items, net income was $163 million, or $1.71 per share. Fourth quarter net sales were $1.7 billion.