Packaging Corporation Of America Expects Q4 EPS Excluding Special Items Of $1.76; Est $1.73
Portfolio Pulse from Benzinga Newsdesk
Packaging Corporation Of America (PKG) has projected its Q4 earnings per share (EPS), excluding special items, to be $1.76, which is higher than the estimated $1.73.
October 23, 2023 | 9:42 pm
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Packaging Corporation Of America's Q4 EPS is expected to be $1.76, higher than the estimated $1.73. This could potentially lead to a positive market reaction.
Earnings per share (EPS) is a key indicator of a company's profitability. A higher than expected EPS often leads to a positive market reaction as it indicates that the company is performing better than anticipated. Therefore, PKG's higher projected EPS could potentially lead to an increase in its stock price.
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