Citable filing context
PKG's research view summarizes recent SEC filing context, starting with earnings from Jul 23, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 23, 2026 | earnings | Packaging Corporation of America reported Q2 2026 net income of $192 million, or $2.15 per share. |
| May 13, 2026 | other | Packaging Corporation of America stockholders approved the election of directors, auditor ratification, and executive compensation. |
| Apr 23, 2026 | earnings | Packaging Corporation of America reported Q1 2026 net income of $171 million and net sales of $2.4 billion. |
| Jul 23, 2026 | Guidance: earnings_per_share | not reported to 2.91 |
| Dec 10, 2025 | Guidance: annual_savings | 75.00 to 85.00 |
| Dec 10, 2025 | Guidance: eps | 2.40 to 2.40 |
| Aug 7, 2026 | mda_quarterly | Packaging Corporation of America (PKG) reported second-quarter 2026 net income of $192 million, or $2.15 per diluted share, down from $242 million in the prior-year period. Excluding special items—primarily facility closures, Wallula mill restructuring, and Greif acquisition costs—adjusted earnings were $2.35 per share. Net sales rose 14.7% to $2.49 billion, largely driven by the $1.8 billion acquisition of Greif’s containerboard business, which added 800,000 tons of production capacity. The Packaging segment faced headwinds from higher freight and logistics expenses, increased labor costs, and unfavorable price/mix, though these were partially offset by volume gains from the Greif integration. Management expects improved performance in the third and fourth quarters, supported by two previously announced containerboard and corrugated product price increases. Conversely, the Paper segment saw improved operating income due to lower maintenance outage expenses and higher pricing. Liquidity remains stable with $443 million in cash and $573 million in available revolving credit. Capital expenditures for 2026 are projected between $840 million and $870 million. Key risks include rising recycled fiber costs, elevated freight rates, and the ongoing shift away from traditional print media, which continues to pressure the UFS paper market. |
| May 8, 2026 | mda_quarterly | First quarter 2026 net sales rose to $2.37 billion, primarily driven by the $1.8 billion acquisition of Greif’s containerboard business. Net income excluding special items increased to $215 million, though GAAP net income fell to $171 million due to $44 million in special items, largely stemming from Wallula mill restructuring. Packaging segment EBITDA excluding special items grew to $482 million, benefiting from higher prices, lower fiber costs, and the Greif acquisition, which offset higher freight expenses and a 1.9% industry-wide decline in corrugated shipments. The Paper segment reported a decrease in EBITDA excluding special items to $38 million, as higher operating and freight costs outweighed gains in price and volume. For the second quarter, PCA expects strong packaging demand and higher prices for containerboard and corrugated products, though earnings are projected to decline sequentially due to increased maintenance outage expenses and rising costs for fiber, chemicals, and freight. Liquidity remains robust with $397 million in cash and $573 million in unused revolving credit. Full-year 2026 capital expenditures are forecasted between $840 million and $870 million. |
Source: SEC EDGAR filing text and events; period Jul 23, 2026; filed Jul 23, 2026.
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