Packaging Corp. of America reports higher third-quarter earnings and sales

Packaging Corporation of America reported third-quarter 2026 net income of $262.3 million, or $2.93 per diluted share, on sales of $2.60 billion, compared with $226.9 million, or $2.51 per share, on $2.31 billion in sales a year earlier. Excluding special items, earnings rose to $3.04 per share from $2.73, helped by the acquired Greif operations and stronger Packaging segment pricing and mix, while Paper segment income declined to $29.0 million from $35.6 million; PCA expects fourth-quarter earnings of $2.81 per share excluding special items as maintenance outages and higher freight, fiber, chemical and energy costs weigh on results.