Packaging Corporation of America (PKG) Stock Forecast, Price Target & Predictions
PKG Stock Forecast
Packaging Corporation of America stock forecast is as follows: an average price target of $198.40 (represents a -13.74% downside from PKG’s last price of $229.99) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
PKG Price Target
The average price target for Packaging Corporation of America (PKG) is $198.40 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $253.00 to $147.00. This represents a potential -13.74% downside from PKG's last price of $229.99.
PKG Analyst Ratings
According to 9 Wall Street analysts, Packaging Corporation of America's rating consensus is 'Hold'. The analyst rating breakdown for PKG stock is 0 'Strong Buy' (0.00%), 3 'Buy' (33.33%), 5 'Hold' (55.56%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Packaging Corporation of America Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Michael Roxland | Truist Financial | $252.00 | $228.65 | 10.21% | 9.57% |
| Oct 24, 2024 | Gabe Hajde | Wells Fargo | $253.00 | $228.65 | 10.65% | 10.00% |
| Oct 07, 2024 | Gabe Hajde | Wells Fargo | $235.00 | $213.37 | 10.14% | 2.18% |
| Apr 24, 2024 | Gabe Hajde | Wells Fargo | $191.00 | $173.43 | 10.13% | -16.95% |
| Apr 12, 2024 | Charlie Muir-Sands | BNP Paribas | $182.00 | $186.28 | -2.30% | -20.87% |
| Feb 28, 2023 | Gabe Hajde | Wells Fargo | $125.00 | $136.77 | -8.61% | -45.65% |
| Sep 29, 2022 | - | Truist Financial | $152.00 | $112.88 | 34.66% | -33.91% |
| Jul 27, 2022 | - | Wells Fargo | $143.00 | $139.33 | 2.63% | -37.82% |
| Jul 27, 2022 | - | Citigroup | $147.00 | $136.93 | 7.35% | -36.08% |
| Jul 18, 2022 | - | Wells Fargo | $154.00 | $136.71 | 12.65% | -33.04% |
The latest Packaging Corporation of America stock forecast, released on Oct 24, 2024 by Michael Roxland from Truist Financial, set a price target of $252.00, which represents a 10.21% increase from the stock price at the time of the forecast ($228.65), and a 9.57% increase from PKG last price ($229.99).
Packaging Corporation of America Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 5 |
| Avg Price Target | $246.67 | $246.67 | $222.60 |
| Last Closing Price | $229.99 | $229.99 | $229.99 |
| Upside/Downside | 7.25% | 7.25% | -3.21% |
In the current month, the average price target of Packaging Corporation of America stock is $246.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 7.25% increase as opposed to Packaging Corporation of America's last price of $229.99. This month's average price target is down 0.00% compared to last quarter, and up 10.81% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 25, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 19, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 24, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Apr 12, 2024 | Exane BNP Paribas | - | Neutral | Downgrade |
| Apr 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 27, 2023 | Jefferies | - | Hold | Upgrade |
| Feb 28, 2023 | Citigroup | Neutral | Neutral | Hold |
Packaging Corporation of America's last stock rating was published by Wells Fargo on Oct 07, 2024. The company gave PKG a "Overweight" rating, the same as its previous rate.
Packaging Corporation of America Financial Forecast
Packaging Corporation of America Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.94B | $1.94B | $1.95B | $1.98B | $1.98B | $2.13B | $2.24B | $2.14B | $2.04B | $2.00B | $1.88B | $1.81B | $1.71B | $1.69B | $1.54B | $1.71B | $1.72B | $1.75B | $1.76B | $1.73B | $1.69B | $1.54B |
| Avg Forecast | $2.23B | $2.35B | $2.28B | $2.16B | $2.12B | $2.09B | $2.02B | $1.91B | $1.90B | $1.99B | $1.99B | $2.08B | $2.04B | $2.20B | $2.14B | $2.05B | $1.94B | $1.93B | $1.78B | $1.72B | $1.73B | $1.65B | $1.63B | $1.66B | $1.70B | $1.78B | $1.78B | $1.77B | $1.67B | $1.49B |
| High Forecast | $2.27B | $2.38B | $2.32B | $2.17B | $2.18B | $2.10B | $2.02B | $1.91B | $1.95B | $2.11B | $2.02B | $2.11B | $2.07B | $2.20B | $2.14B | $2.05B | $1.94B | $1.93B | $1.78B | $1.72B | $1.73B | $1.65B | $1.63B | $1.66B | $1.70B | $1.78B | $1.78B | $1.77B | $2.00B | $1.79B |
| Low Forecast | $2.20B | $2.31B | $2.25B | $2.12B | $2.07B | $2.09B | $2.02B | $1.91B | $1.84B | $1.93B | $1.95B | $2.05B | $2.01B | $2.20B | $2.14B | $2.05B | $1.94B | $1.93B | $1.78B | $1.72B | $1.73B | $1.65B | $1.63B | $1.66B | $1.70B | $1.78B | $1.78B | $1.77B | $1.34B | $1.19B |
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 15 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 0.97% | 0.98% | 0.95% | 0.97% | 0.97% | 1.04% | 1.04% | 1.05% | 1.04% | 1.06% | 1.05% | 0.99% | 1.03% | 0.95% | 1.03% | 1.01% | 0.99% | 0.99% | 0.98% | 1.01% | 1.03% |
Packaging Corporation of America's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.91B, with a low forecast of $1.91B, and a high forecast of $1.91B. PKG's average Quarter revenue forecast represents a -1.47% decrease compared to the company's last Quarter revenue of $1.94B (Dec 23).
Packaging Corporation of America EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 15 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | $398.10M | $256.80M | $282.40M | $268.70M | $291.70M | $363.90M | $419.40M | $360.10M | $467.00M | $463.40M | $404.30M | $343.90M | $290.70M | $310.60M | $224.90M | $310.00M | $332.10M | $358.80M | $374.30M | $368.20M | $321.00M | $295.60M |
| Avg Forecast | $361.26M | $379.61M | $369.67M | $350.02M | $343.08M | $339.05M | $327.76M | $523.34M | $308.16M | $322.71M | $321.42M | $475.77M | $493.53M | $355.53M | $346.61M | $432.51M | $314.48M | $312.30M | $288.09M | $270.88M | $280.01M | $266.32M | $263.89M | $161.57M | $275.55M | $287.56M | $288.28M | $270.61M | $210.12M | $285.99M |
| High Forecast | $366.69M | $385.32M | $375.23M | $351.64M | $352.79M | $339.52M | $327.76M | $628.01M | $316.31M | $342.23M | $326.25M | $570.92M | $592.24M | $355.53M | $346.61M | $519.02M | $314.48M | $312.30M | $288.09M | $325.06M | $280.01M | $266.32M | $263.89M | $193.89M | $275.55M | $287.56M | $288.28M | $324.73M | $252.14M | $343.18M |
| Low Forecast | $355.59M | $373.66M | $363.87M | $343.50M | $334.99M | $338.58M | $327.76M | $418.67M | $298.37M | $312.59M | $316.38M | $380.61M | $394.83M | $355.53M | $346.61M | $346.01M | $314.48M | $312.30M | $288.09M | $216.70M | $280.01M | $266.32M | $263.89M | $129.26M | $275.55M | $287.56M | $288.28M | $216.49M | $168.09M | $228.79M |
| Surprise % | - | - | - | - | - | - | - | - | 1.29% | 0.80% | 0.88% | 0.56% | 0.59% | 1.02% | 1.21% | 0.83% | 1.49% | 1.48% | 1.40% | 1.27% | 1.04% | 1.17% | 0.85% | 1.92% | 1.21% | 1.25% | 1.30% | 1.36% | 1.53% | 1.03% |
2 analysts predict PKG's average Quarter EBITDA for Mar 24 to be $523.34M, with a high of $628.01M and a low of $418.67M. This is 31.46% upper than Packaging Corporation of America's previous annual EBITDA (Dec 23) of $398.10M.
Packaging Corporation of America Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 15 | 16 |
| Net Income | - | - | - | - | - | - | - | - | $187.80M | $183.20M | $202.70M | $190.10M | $211.70M | $262.50M | $301.50M | $254.20M | $216.50M | $250.70M | $207.30M | $166.50M | $123.60M | $139.10M | $56.70M | $141.70M | $136.20M | $179.80M | $193.60M | $186.80M | $140.10M | $117.40M |
| Avg Forecast | $270.30M | $290.37M | $256.92M | $219.45M | $224.16M | $223.13M | $189.81M | $283.17M | $163.65M | $172.15M | $171.97M | $257.43M | $158.77M | $251.90M | $255.87M | $234.03M | $185.46M | $209.97M | $159.13M | $131.15M | $132.43M | $127.47M | $114.03M | $109.18M | $152.50M | $170.62M | $182.08M | $184.89M | $138.27M | $113.58M |
| High Forecast | $275.58M | $296.05M | $261.94M | $246.88M | $229.61M | $224.08M | $189.82M | $339.80M | $166.37M | $173.94M | $175.34M | $308.91M | $190.52M | $251.90M | $255.87M | $280.83M | $193.47M | $209.97M | $159.13M | $157.38M | $132.43M | $127.47M | $114.03M | $131.01M | $152.50M | $170.62M | $182.08M | $221.87M | $165.92M | $136.30M |
| Low Forecast | $264.79M | $284.45M | $251.68M | $190.13M | $209.64M | $222.18M | $189.79M | $226.54M | $160.01M | $170.37M | $168.47M | $205.94M | $127.01M | $251.90M | $255.87M | $187.22M | $177.45M | $209.97M | $159.13M | $104.92M | $132.43M | $127.47M | $114.03M | $87.34M | $152.50M | $170.62M | $182.08M | $147.92M | $110.61M | $90.87M |
| Surprise % | - | - | - | - | - | - | - | - | 1.15% | 1.06% | 1.18% | 0.74% | 1.33% | 1.04% | 1.18% | 1.09% | 1.17% | 1.19% | 1.30% | 1.27% | 0.93% | 1.09% | 0.50% | 1.30% | 0.89% | 1.05% | 1.06% | 1.01% | 1.01% | 1.03% |
Packaging Corporation of America's average Quarter net income forecast for Mar 24 is $283.17M, with a range of $226.54M to $339.80M. PKG's average Quarter net income forecast represents a 50.78% increase compared to the company's last Quarter net income of $187.80M (Dec 23).
Packaging Corporation of America SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 15 | 16 |
| SG&A | - | - | - | - | - | - | - | - | $142.80M | $144.20M | $145.60M | $148.20M | $145.60M | $145.20M | $156.70M | $161.10M | $141.10M | $144.50M | $146.30M | $145.00M | $130.30M | $127.10M | $136.30M | $145.90M | $137.00M | $136.90M | $143.70M | $140.00M | $134.90M | $128.40M |
| Avg Forecast | $170.48M | $179.14M | $174.45M | $165.18M | $161.90M | $160.00M | $154.67M | $179.46M | $145.42M | $152.29M | $151.68M | $163.15M | $103.47M | $167.78M | $163.57M | $148.31M | $148.40M | $147.38M | $135.95M | $114.21M | $132.14M | $125.68M | $124.53M | $112.41M | $130.03M | $135.70M | $136.04M | $138.57M | $133.14M | $124.22M |
| High Forecast | $173.04M | $181.84M | $177.07M | $165.94M | $166.49M | $160.22M | $154.67M | $215.35M | $149.27M | $161.50M | $153.96M | $195.77M | $124.17M | $167.78M | $163.57M | $177.98M | $148.40M | $147.38M | $135.95M | $137.05M | $132.14M | $125.68M | $124.53M | $134.90M | $130.03M | $135.70M | $136.04M | $166.29M | $159.76M | $149.07M |
| Low Forecast | $167.81M | $176.34M | $171.71M | $162.10M | $158.09M | $159.78M | $154.67M | $143.57M | $140.81M | $147.51M | $149.30M | $130.52M | $82.78M | $167.78M | $163.57M | $118.65M | $148.40M | $147.38M | $135.95M | $91.37M | $132.14M | $125.68M | $124.53M | $89.93M | $130.03M | $135.70M | $136.04M | $110.86M | $106.51M | $99.38M |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | 0.95% | 0.96% | 0.91% | 1.41% | 0.87% | 0.96% | 1.09% | 0.95% | 0.98% | 1.08% | 1.27% | 0.99% | 1.01% | 1.09% | 1.30% | 1.05% | 1.01% | 1.06% | 1.01% | 1.01% | 1.03% |
Packaging Corporation of America's average Quarter SG&A projection for Mar 24 is $179.46M, based on 2 Wall Street analysts, with a range of $143.57M to $215.35M. The forecast indicates a 25.67% rise compared to PKG last annual SG&A of $142.80M (Dec 23).
Packaging Corporation of America EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 15 | 16 |
| EPS | - | - | - | - | - | - | - | - | $2.10 | $2.04 | $2.25 | $2.12 | $2.32 | $2.81 | $3.22 | $2.71 | $2.29 | $2.64 | $2.18 | $1.75 | $1.30 | $1.47 | $0.60 | $1.50 | $1.44 | $1.90 | $2.05 | $1.98 | $1.48 | $1.25 |
| Avg Forecast | $3.03 | $3.25 | $2.88 | $2.46 | $2.51 | $2.50 | $2.13 | $1.68 | $1.83 | $1.93 | $1.93 | $2.27 | $2.23 | $2.81 | $2.86 | $2.52 | $2.07 | $2.34 | $1.78 | $1.44 | $1.48 | $1.42 | $1.27 | $1.22 | $1.70 | $1.90 | $2.03 | $1.96 | $1.51 | $1.19 |
| High Forecast | $3.09 | $3.32 | $2.94 | $2.77 | $2.57 | $2.51 | $2.13 | $1.73 | $1.86 | $1.95 | $1.97 | $2.31 | $2.27 | $2.81 | $2.86 | $2.52 | $2.16 | $2.34 | $1.78 | $1.44 | $1.48 | $1.42 | $1.27 | $1.22 | $1.70 | $1.90 | $2.03 | $1.96 | $1.81 | $1.43 |
| Low Forecast | $2.97 | $3.19 | $2.82 | $2.13 | $2.35 | $2.49 | $2.13 | $1.63 | $1.79 | $1.91 | $1.89 | $2.22 | $2.18 | $2.81 | $2.86 | $2.52 | $1.98 | $2.34 | $1.78 | $1.44 | $1.48 | $1.42 | $1.27 | $1.22 | $1.70 | $1.90 | $2.03 | $1.96 | $1.21 | $0.95 |
| Surprise % | - | - | - | - | - | - | - | - | 1.14% | 1.06% | 1.17% | 0.94% | 1.04% | 1.00% | 1.13% | 1.08% | 1.11% | 1.13% | 1.23% | 1.21% | 0.88% | 1.03% | 0.47% | 1.23% | 0.85% | 1.00% | 1.01% | 1.01% | 0.98% | 1.05% |
According to 2 Wall Street analysts, Packaging Corporation of America's projected average Quarter EPS for Mar 24 is $1.68, with a low estimate of $1.63 and a high estimate of $1.73. This represents a -20.07% decrease compared to PKG previous annual EPS of $2.10 (Dec 23).
Packaging Corporation of America Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SEE | Sealed Air | $36.59 | $51.70 | 41.30% | Buy |
| OI | O-I Glass | $11.24 | $15.67 | 39.41% | Buy |
| REYN | Reynolds Consumer Products | $27.22 | $35.00 | 28.58% | Hold |
| BALL | Ball | $59.01 | $70.45 | 19.39% | Buy |
| CCK | Crown | $93.76 | $110.56 | 17.92% | Buy |
| AVY | Avery Dennison | $206.11 | $239.17 | 16.04% | Buy |
| GPK | Graphic Packaging Company | $28.28 | $31.88 | 12.73% | Buy |
| AMCR | Amcor | $10.26 | $10.80 | 5.26% | Hold |
| SLGN | Silgan | $52.64 | $53.40 | 1.44% | Buy |
| WRK | WestRock | $51.51 | $49.75 | -3.42% | Buy |
| PKG | Packaging Corporation of America | $229.99 | $198.40 | -13.74% | Hold |
PKG Forecast FAQ
Is Packaging Corporation of America a good buy?
No, according to 9 Wall Street analysts, Packaging Corporation of America (PKG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 33.33% of PKG's total ratings.
What is PKG's price target?
Packaging Corporation of America (PKG) average price target is $198.4 with a range of $147 to $253, implying a -13.74% from its last price of $229.99. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Packaging Corporation of America stock go up soon?
According to Wall Street analysts' prediction for PKG stock, the company can go down by -13.74% (from the last price of $229.99 to the average price target of $198.4), up by 10.00% based on the highest stock price target, and down by -36.08% based on the lowest stock price target.
Can Packaging Corporation of America stock reach $300?
PKG's average twelve months analyst stock price target of $198.4 does not support the claim that Packaging Corporation of America can reach $300 in the near future.
What is Packaging Corporation of America's current price target trend?
3 Wall Street analysts forecast a $246.67 price target for Packaging Corporation of America (PKG) this month, up 7.25% from its last price of $229.99. Compared to the last 3 and 12 months, the average price target increased by 7.25% and decreased by -3.21%, respectively.
What are Packaging Corporation of America's analysts' financial forecasts?
Packaging Corporation of America's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.15B (high $8.21B, low $8.09B), average EBITDA is $1.53B (high $1.65B, low $1.42B), average net income is $920.27M (high $983.31M, low $848.15M), average SG&A $656.04M (high $696.74M, low $616.1M), and average EPS is $8.82 (high $8.94, low $8.6). PKG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.02B (high $9.14B, low $8.87B), average EBITDA is $1.46B (high $1.48B, low $1.44B), average net income is $1.04B (high $1.08B, low $991.05M), average SG&A $689.25M (high $697.9M, low $677.96M), and average EPS is $11.62 (high $12.11, low $11.11).
Did the PKG's actual financial results beat the analysts' financial forecasts?
Based on Packaging Corporation of America's last annual report (Dec 2023), the company's revenue was $7.8B, which missed the average analysts forecast of $7.96B by -2.02%. Apple's EBITDA was $1.64B, beating the average prediction of $1.43B by 14.54%. The company's net income was $759M, missing the average estimation of $765.2M by -0.81%. Apple's SG&A was $580.9M, missing the average forecast of $612.54M by -5.16%. Lastly, the company's EPS was $8.48, beating the average prediction of $7.96 by 6.54%. In terms of the last quarterly report (Dec 2023), Packaging Corporation of America's revenue was $1.94B, beating the average analysts' forecast of $1.9B by 1.80%. The company's EBITDA was $398.1M, beating the average prediction of $308.16M by 29.19%. Packaging Corporation of America's net income was $187.8M, beating the average estimation of $163.65M by 14.76%. The company's SG&A was $142.8M, missing the average forecast of $145.42M by -1.80%. Lastly, the company's EPS was $2.1, beating the average prediction of $1.83 by 14.48%