Packaging GAAP EPS of $3.04 beats by $0.13, revenue of $2.6B misses by $30M
FROM THE WIRE · SEEKINGALPHA.COM
Packaging Corp (PKG) Q3 earnings: GAAP EPS beats, revenue misses. Corrugated shipments +10.6%, inventories up.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results from a US packaging maker, in line with ordinary earnings flow.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q3 GAAP EPS was $3.04, beating estimates by $0.13.
- 02Revenue of $2.6 billion missed by $30 million.
- 03Corrugated shipments rose 10.6%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets