Analyst RecommendationAnalyst maintains a Buy recommendation on Packaging Corp (PKG) due to its strong long-term fundamentals, exposure to containerboard, and potential upside.
Earnings PerformanceOperating income increased 25.2% y/y to $321.5MM during Q3, primarily due to stronger volumes and modestly higher price/mix.
Growth StrategyPKG is stepping up capital expenditure for four large box projects to sustain the strong growth it has seen.