Packaging Corp. of America Earnings Climb 11% In Q4

(RTTNews) - Packaging Corp. of America (PKG) announced a profit for its fourth quarter that advanced from last year.

The company said its bottom line rose to $116.1 million, or $1.23 per share. This was up from $104.7 million, or $1.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $1.48 billion. This was up from $1.39 billion last year.

Packaging Corp. of America earnings at a glance:

-Earnings (Q4): $116.1 Mln. vs. $104.7 Mln. last year. -Earnings Growth (Y-o-Y): 10.9% -EPS (Q4): $1.23 vs. $1.08 last year. -EPS Growth (Y-o-Y): 13.9% -Analysts Estimate: $1.15 -Revenue (Q4): $1.48 Bln vs. $1.39 Bln last year. -Revenue Change (Y-o-Y): 6.5%