Packaging Corp of America
PKG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@T | LOCK|v$c | LOCK|<&LfNh@ |
Packaging Corp. of America Earnings: Inflationary Pressures Continue to Weigh on Gross Margins
Packaging Corp. of America announced second-quarter net sales of $2.5 billion, up 14.7% year over year, mostly due to record-breaking shipment volume. Diluted earnings per share came in at $2.35, exceeding the company's $2.33 guidance by $0.02.
