Packaging Corporation of America Reports Third-Quarter Revenue of $2.6B, EPS of $2.93
Third-quarter sales and net income rose year over year. Earnings benefited from higher prices and mix, the Greif acquisition and favorable Packaging volumes, partly offset by higher freight, labor, operating and fiber costs and increased interest expense.
Packaging Corporation of America’s third-quarter sales and net income rose year over year. Earnings benefited from higher prices and mix, the Greif acquisition and favorable Packaging volumes, partly offset by higher freight, labor, operating and fiber costs, and increased interest expense.Financia…