Packaging Corp of America
PKG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Yx | LOCK|>qw | LOCK|%Tv@#m |
PCA Earnings: Price Hikes and Greif Profits Outrun Cost Inflation, but Shares Remain Expensive
Packaging Corp. of America's third-quarter net sales rose 12.5% year over year to $2.6 billion on the Greif acquisition and higher prices. Adjusted EPS of $3.04 beat management's $2.91 guidance by $0.13.
