Packaging Corp. (PKG) Q4 Earnings Lag Estimates

Core Viewpoint - Packaging Corp. reported quarterly earnings of $2.47 per share, missing the Zacks Consensus Estimate of $2.51 per share, but showing an increase from $2.13 per share a year ago [1][2] Financial Performance - The company posted revenues of $2.15 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.77% and up from $1.94 billion year-over-year [3] - The earnings surprise for the quarter was -1.59%, while the company had a positive surprise of 6.85% in the previous quarter [2] Stock Performance - Packaging Corp. shares have increased approximately 6.5% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [4] - The current Zacks Rank for Packaging Corp. is 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.45 on revenues of $2.17 billion, and for the current fiscal year, it is $11.31 on revenues of $9 billion [8] - The industry outlook is a concern, as the Containers - Paper and Packaging sector is currently in the bottom 45% of Zacks industries, which may impact stock performance [9]