A Preview Of Packaging Corp of America's Earnings
Portfolio Pulse from Benzinga Insights
Packaging Corp of America (NYSE:PKG) is set to release its latest quarterly earnings report on July 24, 2023. Analysts estimate an EPS of $1.93. The company's stock price has historically been affected by its earnings performance, with a miss in EPS last quarter leading to a 7.27% drop in share price. The company's shares were trading at $135.98 as of July 20, with a 52-week decrease of 5.05%.
July 21, 2023 | 4:01 pm
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NEGATIVE IMPACT
Packaging Corp of America's upcoming earnings report could impact its stock price, as seen in previous quarters. The company's shares have seen a 52-week decrease of 5.05%.
The company's stock price has historically been affected by its earnings performance. Last quarter, a miss in EPS led to a 7.27% drop in share price. Given this pattern, the upcoming earnings report could potentially have a negative impact on the company's stock price, especially if the company fails to meet the estimated EPS of $1.93.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100