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Dec 31, 2019
PCA Q4 2019 Earnings Report
PCA reported Q4 2019 results with net sales of $1.7 billion and earnings per share of $1.43.
Key Takeaways
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.
Net income for Q4 2019 was $136 million, or $1.43 per share.
Excluding special items, net income for Q4 2019 was $163 million, or $1.71 per share.
Q4 net sales were $1.7 billion, consistent with 2018.
Total corrugated products shipments increased by 2.3% with one additional workday.
Revenue by Segment
Forward Guidance
The company expects first quarter earnings of $1.20 per share.
Challenges Ahead
- Lower prices in the Packaging segment due to domestic containerboard price decreases.
- Lower export prices.
- Lower containerboard volumes due to scheduled outages at three largest mills.
- Lower Paper segment volumes due to better than expected levels in Q4 and a scheduled outage at the Jackson Mill.
- Significantly higher scheduled outage costs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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