Packaging Corp. (PKG) Q3 Earnings Lag Estimates

Packaging Corp. (PKG) came out with quarterly earnings of $2.73 per share, missing the Zacks Consensus Estimate of $2.83 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.53%. A quarter ago, it was expected that this maker of containerboard and corrugated packaging products would post earnings of $2.44 per share when it actually produced earnings of $2.48, delivering a surprise of ...