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PKG Reports In-Line Earnings, Revs
By: DailyMarkets.com
Packaging Corporation of America (NYSE:PKG) reported net sales of $671 million in the third quarter of 2011, up 4.4% from the year-earlier quarter and almost flat sequentially. Shipments for corrugated products improved 6.6% from the year-ago quarter. Out of this growth, 1.4% came from acquisitions while sales of containerboards were flat on a year-over-year basis. Container [...]

Packaging Corporation of America (NYSE:PKG) reported net sales of $671 million in the third quarter of 2011, up 4.4% from the year-earlier quarter and almost flat sequentially.
Shipments for corrugated products improved 6.6% from the year-ago quarter. Out of this growth, 1.4% came from acquisitions while sales of containerboards were flat on a year-over-year basis. Container board production was up 4,000 tons from the year-ago quarter to 650,000 tons. Exiting the quarter, the company’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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