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Dec 31, 2024
PCA Q4 2024 Earnings Report
PCA reported Q4 2024 results with net sales of $2.1 billion and net income of $221 million.
Key Takeaways
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.
PCA reported Q4 2024 net income of $221 million, or $2.45 per share.
Q4 net sales reached $2.1 billion, compared to $1.9 billion in 2023.
The Packaging segment experienced strong demand with record shipments.
The Paper segment saw volume and price/mix above last year’s levels.
Revenue by Segment
Forward Guidance
PCA anticipates first quarter earnings of $2.21 per share, excluding special items. The Packaging segment is expected to set new first-quarter records for total shipments and shipments-per-day, while the Paper segment forecasts slightly lower volume.
Positive Outlook
- Packaging segment expects record shipments.
- Higher domestic prices in the Packaging segment.
- Stable export prices.
- Lower scheduled outage expenses.
- Lower corporate tax rate is assumed.
Challenges Ahead
- Seasonally slower volume expected.
- Price inflation across most operating costs.
- Increased wood, energy, and chemical costs.
- Higher labor and benefits costs.
- Rail rate increases impacting freight expenses.
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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