Last €47.81 EUR
Change Today -1.02 / -2.10%
Volume 0.0
PKA On Other Exchanges
Symbol
Exchange
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As of 1:45 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

packaging corp of america (PKA) Snapshot

Open
€48.57
Previous Close
€48.84
Day High
€49.02
Day Low
€47.81
52 Week High
03/5/14 - €55.12
52 Week Low
09/17/13 - €25.64
Market Cap
4.7B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
98.3M
EX-Date
03/12/14
P/E TM
--
Dividend
€1.59
Dividend Yield
2.47%
Current Stock Chart for PACKAGING CORP OF AMERICA (PKA)

packaging corp of america (PKA) Related Businessweek News

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packaging corp of america (PKA) Details

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Mexico, Canada, and Europe. The company operates through three segments: Packaging, Paper, and Corporate and Other. It offers corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to promote packaged product in retail locations; and honeycomb protective packaging. The company also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products, as well as newsprint for newspaper publishers. In addition, it manufactures and sells white papers, including both commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. The white papers consist of communication papers, such as cut-size office papers, and printing and converting papers; and pressure sensitive papers, including release liners that are used to produce labels for use in consumer and commercially-packaged products. Further, the company produces market pulp. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

13,600 Employees
Last Reported Date: 02/28/14
Founded in 1867

packaging corp of america (PKA) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $994.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $550.0K
Executive Vice President of Corrugated Produc...
Total Annual Compensation: $781.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $400.0K
Senior Vice President Sales and Marketing - C...
Total Annual Compensation: $338.0K
Compensation as of Fiscal Year 2013.

packaging corp of america (PKA) Key Developments

Packaging Corporation of America Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter of 2014

Packaging Corporation of America reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported income from operations was $160.9 million, compared to $106.0 million for the last year. Income before taxes was $140.1 million, compared to $96.7 million for the last year. Net income was $90.1 million or $0.92 per diluted share, compared to $62.3 million or $0.64 per diluted share for the last year. EBITDA was $244.3 million, compared to $148.7 million for the last year. EBITDA excluding special items was $270.0 million, compared to $148.7 million for the last year. Excluding the special items, first quarter 2014 net income was a record $106 million, or $1.08 per share, compared to first quarter 2013 net income of $62 million, or $0.64 per share. Net sales were a record $1.4 billion compared to first quarter 2013 net sales of $755 million. The $0.44 per share increase in earnings, excluding special items, was driven by the acquisition of Boise ($0.35) and by PCA earnings improvement ($0.09). Capital expenditures for the first quarter were $51 million. The company generated cash from operations of $149 million. The company provided earnings guidance for the second quarter of 2014. The company expects higher sales volume in corrugated products and high prices in white papers and lower fuel consumption with warmer weather. The company will recognize the remaining $0.03 per share impact from extreme weather in the first quarter and it expects a higher tax rate. Considering these items, it currently expects second quarter earnings of about $1.10 per share. The company expects 2014 capital expenditures of about $400 million, which includes the DeRidder conversion project with expected spending of $100 million in 2014.

Packaging Corporation of America Agrees to Settle Kleen Products Class Action Lawsuit

Packaging Corporation of America announced that it has reached an agreement to settle a civil, class action lawsuit filed against PCA and eight other North American manufacturers of containerboard. The lawsuit, filed in 2010, is pending in the U.S. District Court for the Northern District of Illinois. Under the terms of the agreement, which must be approved by the court, PCA will pay $17.6 million into a settlement fund in return for a dismissal and release of all claims of the purported class. PCA will record a reserve for the expected settlement of the agreement in first quarter 2014 results, which will result in an after-tax charge of $11.3 million, or $0.11 per share.

Packaging Corporation of America to Report Q1, 2014 Results on Apr 23, 2014

Packaging Corporation of America announced that they will report Q1, 2014 results After-Market on Apr 23, 2014

 

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Industry Analysis

PKA

Industry Average

Valuation PKA Industry Range
Price/Earnings 14.2x
Price/Sales 1.5x
Price/Book -- Not Meaningful
Price/Cash Flow 14.3x
TEV/Sales -- Not Meaningful
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