It's Showtime for Packaging Corporation of America
Packaging Corporation of America (NYS: PKG) is expected to report Q1 earnings on April 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Packaging Corporation of America's revenues will grow 7.7% and EPS will increase 33.3%.
The average estimate for revenue is $722.9 million. On the bottom line, the average EPS estimate is $0.56.
Last quarter, Packaging Corporation of America reported revenue of $736.6 million. GAAP reported sales were 13% higher than the prior-year quarter's $654.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.61. GAAP EPS of $0.63 for Q4 were 58% higher than the prior-year quarter's $0.40 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 23.6%, 310 basis points better than the prior-year quarter. Operating margin was 13.7%, 330 basis points better than the prior-year quarter. Net margin was 8.3%, 230 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $3.09 billion. The average EPS estimate is $2.95.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 175 members out of 188 rating the stock outperform, and 13 members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 60 give Packaging Corporation of America a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Packaging Corporation of America is hold, with an average price target of $38.58.
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The article It's Showtime for Packaging Corporation of America originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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