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Packaging Corp. Of America Is Pulling Back After Q3 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Packaging Corp. of America (PKG) reported third quarter EPS of $0.25 after the close Monday, which matched the consensus estimate. The company expects to report fourth quarter EPS of $0.13, which is below the consensus estimate of $0.17. The stock is now down 1.41 on 15K shares.

Packaging Corp. of America fell during the first half hour of trade Monday and finished down by 0.42 at $21.66. The stock pulled back from the upper end of nearly a 2-month range.

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