Packaging Corp of America (PKG)

The company now

Packaging Corporation of America reported third-quarter 2026 net income of $262 million, or $2.93 per share, on 21 October 1. Net sales were $2.6 billion, against $2.3 billion in the third quarter of 2025 1.

Leaving out special items such as plant closure and integration costs, net income was $272 million, or $3.04 per share, against $2.73 a year earlier 1. The company said 24 cents of the $0.31 gain came from the Greif mills and plants it bought a year earlier 1.

Total corrugated box shipments rose 10.6 percent, but shipments from the older plants, without Greif, fell 0.5 percent 1. Chairman and chief executive Mark Kowlzan said the mills ran at full capacity, while freight, recycled fiber and chemicals kept costs high 1.

The company expects fourth-quarter earnings of $2.81 per share excluding special items, with maintenance outages at three of its mills 1. The open question is how fast the Wallula mill cutback and the Greif integration lift results 13.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.