Is Packaging Corporation Of America (PKG) Fully Valued After Record Corrugated Shipments?

Why Packaging Corporation of America’s latest quarter matters for investors Packaging Corporation of America (PKG) recently reported Q2 results that matched revenue expectations but fell short on EPS and guidance, while setting an all-time quarterly record for total corrugated shipments. The company also reported that corrugated price increases are starting to appear in results. Higher freight and recycled fiber costs were present, although strong volumes and operational performance helped...