Packaging Corporation of America reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,937.9 million compared to USD 1,978.4 million a year ago. Net income was USD 189.2 million compared to USD 211.7 million a year ago. Basic earnings per share from continuing operations was USD 2.11 compared to USD 2.32 a year ago. Diluted earnings per share from continuing operations was USD 2.1 compared to USD 2.31 a year ago.

For the full year, the company reported sales was USD 7,802.4 million compared to USD 8,478 million a year ago. Net income was USD 765.2 million compared to USD 1,029.8 million a year ago. Basic earnings per share from continuing operations was USD 8.52 compared to USD 11.08 a year ago. Diluted earnings per share from continuing operations was USD 8.48 compared to USD 11.03 a year ago.