BUZZ-Packaging Corp of America falls after quarterly results miss
Reuters
Jan 28
BUZZ-Packaging Corp of America falls after quarterly results miss
** Shares of Packaging Corp of America PKG.N down 2% at $219 after the bell
** Co misses quarterly profit and revenue estimates, weighed down by softer sales in its core packaging segment and higher operating costs
** Posts Q4 adjusted profit of $2.32 per share, below analysts' expectations of $2.41 per share — data compiled by LSEG
** Quarterly revenue of $2.36 billion also comes below analysts' expectations of $2.44 billion
** Stock down 8.4% in 2025
(Reporting by Koyena Das in Bengaluru)
((koyena.das@thomsonreuters.com))
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