Packaging Corporation of America (PKG) continues to be a vital subject following several important eventful operations. PKG's Q3 earnings report saw a 12% miss on EPS, sparking varied reactions from analysts and impacting its shares. Additionally, Retirement Systems of Alabama, Allspring Global Investments, and Adams Natural Resources Fund have all reduced their stakes in PKG. It's also noteworthy that the company's Q3 earnings results were in line with revenue expectations, but this didn't stop a decline in the company's stock. This may be due to various factors including lowered rating by Zacks Research and Weiss Ratings, missed Q2 revenue estimates, and a bearish estimate from Seaport Res Ptn for PKG's FY2026 earnings. Despite this, PKG has some strong points. Its Q3 earnings pointed out substantial cash flow, and its acquisition has brought the firm stronger Q3 earnings. An announced $1.25 quarterly dividend keeps shareholders invested, and a purchase of Greif's containerboard business for $1.8 billion significantly expands the company's capacity. Various organizations, like Y Intercept Hong Kong Ltd, Brighton Jones LLC, and Sumitomo Mitsui Trust Group, are reinforcing their positions in PKG. MQS Management and Cwm LLC also have substantial stakes in the firm.
Packaging Corp of America PKG News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 01 Nov 2025 09:40:36 GMT -
Rating 3
- Innovation 1
- Information 5
- Rumor -7
