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Packaging Corporation of America Reports Fourth Quarter and Full Year 2020 Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
Packaging Corporation of America Reports Fourth Quarter and Full Year 2020 Results
January 27, 2021 GMT
LAKE FOREST, Ill. (BUSINESS WIRE) Jan 27, 2021
Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2020 net income of $124 million, or $1.30 per share, and net income of $127 million, or $1.33 per share, excluding special items. Fourth quarter net sales were $1.7 billion in both 2020 and 2019. Full year 2020 net income was $461 million, or $4.84 per share, and net income of $550 million, or $5.78 per share, excluding special items. Full year net sales were $6.7 billion in 2020 and $7.0 billion in 2019. ....

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