Packaging Corporation of America projects higher earnings per share for next quarter driven by improved pricing and demand.
Packaging Corporation of America (PKG) expects third-quarter 2026 earnings per share of $2.91, citing pricing increases and operational improvements. The company reported Q2 2026 net income of $192 million, or $2.15 per share, aligning with market expectations.
Management attributed the positive outlook to sustained pricing power and cost efficiencies. Comparable earnings in Q2 2025 were lower, reflecting a recovery in packaging demand and input costs. The guidance update follows a strong second-quarter performance.
Shares showed limited immediate reaction to the forecast, as investors await further details on volume growth and margin expansion.