Packaging Corp. of America (NYSE: PKG ) is expected to report Q4 earnings on Jan. 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Packaging Corp. of America's revenues will expand 9.8% and EPS will expand 52.5%.
The average estimate for revenue is $718.7 million. On the bottom line, the average EPS estimate is $0.61.
Last quarter, Packaging Corp. of America tallied revenue of $723.5 million. GAAP reported sales were 7.8% higher than the prior-year quarter's $670.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.55. GAAP EPS of $0.41 for Q3 were 2.4% lower than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.5%, 200 basis points better than the prior-year quarter. Operating margin was 12.7%, 210 basis points better than the prior-year quarter. Net margin was 5.5%, 70 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.82 billion. The average EPS estimate is $2.05.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 178 members out of 191 rating the stock outperform, and 13 members rating it underperform. Among 67 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 64 give Packaging Corp. of America a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Packaging Corp. of America is outperform, with an average price target of $35.47.
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