Benzinga | Oct 25, 2021 05:23PM EDT

Packaging Corp of America Q3 Adj. EPS $2.69 Beats $2.34 Estimate, Sales $2.00B Beat $1.93B Estimate

Packaging Corp of America (NYSE:PKG) reported quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $2.34 by 14.96 percent. This is a 71.34 percent increase over earnings of $1.57 per share from the same period last year. The company reported quarterly sales of $2.00 billion which beat the analyst consensus estimate of $1.93 billion by 3.63 percent. This is a 18.06 percent increase over sales of $1.69 billion the same period last year.