Packaging Corp. (PKG) Tops Q4 EPS by 5c; Guides Q2 EPS Below the Street
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Packaging Corporation of America Reports Fourth Quarter and Full Year 2015 Results
January 25, 2016 5:46 PM ESTLAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter net income of $104 million, or $1.07 per share. Earnings included net charges for special items, primarily for the Boise integration, of $0.4 million. Excluding special items, fourth quarter 2015 net income was $105 million, or $1.08 per share, compared to fourth quarter 2014 net income of $114 million, or $1.16 per share. Fourth quarter net sales were $1.4 billion in both 2015 and 2014.
Full year 2015 earnings were $437 million, or $4.47 per share, compared to 2014 earnings of $393 million, or $3.99 per share. Full year earnings, excluding special items, were $443 million, or... More
