Packaging Corporation of America (PKG) Q1 2026 Earnings Call Transcript
Summarize this article with:
SA Transcripts159.42K FollowersFollow5ShareSaveCommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsQ1: 2026-04-22 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of $2.40 beats by $0.27 | Revenue of $2.37B (10.59% Y/Y) misses by $49.17M Packaging Corporation of America (PKG) Q1 2026 Earnings Call April 23, 2026 9:00 AM EDT Company Participants Mark Kowlzan - Chairman of the Board & CEOThomas Hassfurther - PresidentKent Pflederer - Executive VP & CFO Conference Call Participants George Staphos - BofA Securities, Research DivisionNiccolo Piccini - Truist Securities, Inc., Research DivisionMark Weintraub - Seaport Research PartnersAnojja Shah - UBS Investment Bank, Research DivisionAnthony Pettinari - Citigroup Inc., Research DivisionPhilip Ng - Jefferies LLC, Research DivisionHillary Cacanando - Deutsche Bank AG, Research DivisionPallav Mittal - Barclays Bank PLC, Research Division Presentation Operator Good day, everyone. Thank you for joining Packaging Corporation of America's First Quarter 2026 Earnings Results Conference Call. Your host for today will be Mark Kowlzan, Chairman and Chief Executive Officer of PCA. Upon conclusion of his narrative, there will be a Q&A session. Please also note today's event is being recorded. I would now like to turn the floor over to Mr. Kowlzan. Please proceed when you're ready. Mark KowlzanChairman of the Board & CEO Thanks, Jamie, and good morning, everyone. Thank you all for participating in Packaging Corporation of America's First Quarter 2026 Earnings Release Conference Call. Again, I'm Mark Kowlzan, Chairman and CEO of PCA. And with me on the call today is Tom Hassfurther, President; and Kent Pflederer, our Chief Financial Officer. As usual, I'll begin the call with an overview of the first quarter results, and then I'll be turning the call over to Tom and Kent, who will provide further details. And then I'll be wrapping things up, and then we'll be glad to take questions after. Yesterday, we reported first quarter net income of $171 million or $1.91 per share. Excluding special items, first quarter 2026 net income was $215 million or $2.40 per share compared to the first quarter 2025 net income of $208 million