BUZZ-Packaging Corp of America falls on Q4 profit miss
ReutersJan 29, 2025 3:30 PM
Shares of Packaging Corp of America PKG.N fell as much as 7.8% to a nearly three-month low of $219.93
Co, on Tuesday after market close, reported Q4 profit that missed analysts' estimates, hurt by seasonally slower demand from its paper products segment
Q4 adj EPS $2.47 vs. estimates of $2.53 - LSEG
However, Q4 net sales rose ~11% to $2.15 billion above estimates of $2.13 billion
PKG rose ~38% in 2024
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