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Packaging (PKG)
NYSE:PKG
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Packaging (PKG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 28, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
2.48
Last Year’s EPS
2.47
Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 22, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call outlined a generally positive quarter for Packaging Corporation of America, highlighting increased net income, record cash flow, and successful integration of the Greif acquisition. However, challenges persist in export sales volume, specific market segments, and rising operating costs.
Company Guidance
In the third quarter of 2025, Packaging Corporation of America (PCA) reported a net income of $227 million or $2.51 per share, which, excluding special items, rose to $247 million or $2.73 per share compared to $239 million or $2.65 per share in the same period of 2024. The company's net sales increased to $2.3 billion from $2.2 billion in 2024, with total company EBITDA, excluding special items, improving to $503 million from $461 million. The quarter's net income included a $0.22 per share expense related to the Greif Containerboard business acquisition, which was completed on September 2. The acquisition contributed $0.11 per share to earnings after special items. Excluding these impacts, earnings rose by $0.19 per share year-over-year, driven by favorable pricing and mix in the Packaging segment ($0.73), reduced fiber costs ($0.16), improved pricing and mix in the Paper segment ($0.02), and lower maintenance outage expenses ($0.01). However, these gains were partially offset by increased operating costs ($0.33), decreased production and sales volume in the Packaging segment ($0.16), higher depreciation ($0.07), freight ($0.07), fixed and other expenses ($0.07), and increased interest expenses ($0.02). Despite the acquisition and associated costs, PCA's third-quarter earnings exceeded guidance by $0.04, primarily due to favorable price and mix in the Packaging segment and reduced freight costs.
Increased Net Income
Third quarter 2025 net income was $247 million or $2.73 per share, up from $239 million or $2.65 per share in the third quarter of 2024.
Surge in EBITDA
Total company EBITDA for the third quarter, excluding special items, was $503 million in 2025, up from $461 million in 2024.
Record Cash Provided by Operations
Cash provided by operations was an all-time quarterly record of $469 million, with free cash flow reaching a record $277 million.
Successful Acquisition of Greif Containerboard Business
Completed the acquisition of Greif Containerboard business on September 2, 2025, which is expected to improve long-term productivity and efficiency.
Strong Performance in Packaging Segment
Packaging segment EBITDA margins improved to 23.1% versus 22.2% last year, with domestic containerboard and corrugated products prices and mix up $0.72 per share over the third quarter of 2024.

Packaging (PKG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

PKG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 28, 2026
2025 (Q4)
2.48 / -
2.47
Oct 22, 2025
2025 (Q3)
2.82 / 2.73
2.653.02% (+0.08)
Jul 23, 2025
2025 (Q2)
2.44 / 2.48
2.212.73% (+0.28)
Apr 22, 2025
2025 (Q1)
2.21 / 2.31
1.7234.30% (+0.59)
Jan 28, 2025
2024 (Q4)
2.53 / 2.47
2.1315.96% (+0.34)
Oct 22, 2024
2024 (Q3)
2.50 / 2.65
2.0529.27% (+0.60)
Jul 23, 2024
2024 (Q2)
2.13 / 2.20
2.31-4.76% (-0.11)
Apr 22, 2024
2024 (Q1)
1.68 / 1.72
2.2-21.82% (-0.48)
Jan 24, 2024
2023 (Q4)
1.83 / 2.13
2.35-9.36% (-0.22)
Oct 23, 2023
2023 (Q3)
1.93 / 2.05
2.83-27.56% (-0.78)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

PKG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 22, 2025
$208.74$213.26+2.17%
Jul 23, 2025
$205.12$204.73-0.19%
Apr 22, 2025
$184.14$182.43-0.93%
Jan 28, 2025
$233.96$211.10-9.77%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Packaging (PKG) report earnings?
Packaging (PKG) is schdueled to report earning on Jan 28, 2026, After Close (Confirmed).
    What is Packaging (PKG) earnings time?
    Packaging (PKG) earnings time is at Jan 28, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is PKG EPS forecast?
          PKG EPS forecast for the fiscal quarter 2025 (Q4) is 2.48.

            Packaging (PKG) Earnings News

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            Packaging Corporation Posts Upbeat Q2 Results, but Street Remains Cautious
            3y ago
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