Packaging Corporation of America (PKG) earnings on July 22, 2026
More Packaging Corporation of America earnings
Prior outlook: Pessimistic Outcome: Partial
PKG closed up 2.50% after earnings, recovering from an early -2.72% drop to climb as high as +2.77%. Investors who bet against the stock were proven wrong.
PKG price around the earnings
233.90
Change: +2.5%
2026-07-23, 20:00 UTC
Start of the measured window
End of the measured window
222.00
226.08
230.16
234.24
228.19
July 22, 2026
July 22, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
Analysts project negative quarterly growth amidst an accelerating selloff, despite maintaining buy ratings and raising price targets.
Context analyzed before publication
- Trend
- Consistent selloff into earnings, accelerating to an extreme pessimistic technical setup on the final day.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2
- Analysts covering the stock
- 10
- Average price target
- 246.2
- Lowest price target
- 167
- Highest price target
- 272
- Upside to price target
- 9.1%
- Quarterly earnings growth
- -16.1%
- Revenue growth
- 10.6%
- Forward EPS
- 12.62
- Trailing EPS
- 8.24
- Analyst moves in the last 60 days
- 5
- Strong buy: 1
- Buy: 6
- Hold: 3
- Sell: 1
- Strong sell: 0
- Strong buy
- 1
- Buy
- 6
- Hold
- 3
- Sell
- 1
- Strong sell
- 0
- July 15, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- July 14, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- July 9, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
- July 9, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- July 9, 2026 · Wells Fargo: Downgrades rating (Overweight → Equal-Weight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
There is no news coverage available for this event.
Technicals
Evidence
- Average true range (ATR)
- 2.5%
- Distance to 52-week high
- -7.3%
- 14-day change (14d)
- -1.6%
- 30-day change (33d)
- -0.3%
- 30-day relative strength
- -0.5%
- SPY change (33d)
- +0.2%
- Nearest support
- 227.76
- Nearest resistance
- 228.8
- Volume accumulation ratio (14d / 46d)
- 0.74
Trends
Evidence
- Average earnings surprise
- +1.8%
- April 22, 2026: actual EPS 2.4 vs estimate 2.13 (surprise +12.5%)
- January 27, 2026: actual EPS 2.32 vs estimate 2.41 (surprise -3.9%)
- October 22, 2025: actual EPS 2.73 vs estimate 2.82 (surprise -3.1%)
- July 23, 2025: actual EPS 2.48 vs estimate 2.44 (surprise +1.5%)
Expected move
- Implied move
- +1.9%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 3.5%
- 75th percentile move
- 5.9%
- 90th percentile move
- 7.8%
- Up / down moves
- 11 / 9
- Average up move
- +4.4%
- Average down move
- -3.6%
Monitoring and close
What Packaging Corporation of America reported
- Status
- Pending
| Actual EPS | 2.35 |
|---|---|
| EPS estimate | 2.31 |
| EPS surprise | +1.6% |
Sources (1)
- Earnings per share: $2.35 vs $2.31 expected — above expectations. — Yahoo Finance
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- +2.5%
- Max favorable move (MFE)
- 2.7%
- Max adverse move (MAE)
- 2.8%