AI brief of an SEC Form 8-K · Packaging Corporation of America (PKG)

Packaging Corp. of America Q3 EPS $2.51, down from $2.64; sales $2.3 billion

Mixed Impact 3 of 5 earnings Written later

Packaging Corporation of America reported third quarter 2025 net sales of $2.3 billion, up from $2.2 billion a year earlier, while reported diluted earnings per share fell to $2.51 from $2.64. Excluding special items, EPS rose to $2.73 from $2.65, and the company guided to fourth quarter 2025 EPS of $2.40 excluding special items, which matters to shareholders because it reflects the early effects of the Greif containerboard acquisition.

Key points

  • Q3 net income was $226.9 million, or $2.51 per diluted share, versus $238.1 million, or $2.64, in Q3 2024; excluding special items, EPS was $2.73 versus $2.65.
  • Net sales were $2.3 billion versus $2.2 billion; the Greif containerboard business acquisition closed on September 2, 2025, and special items totaled $26.3 million pre-tax in Q3.
  • Fourth quarter 2025 EPS is expected to be $2.40 excluding special items, citing the Massillon mill outage and seasonally lower corrugated volumes.

The filing

CompanyPackaging Corporation of America (PKG)
Form8-K, current report
Filed with the SECOct 22, 2025, 6:09 PM ET
Accession number0001193125-25-247121

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.