LAKE FOREST, Ill. (AP) _ Packaging Corp. of America (PKG) on Monday reported third-quarter profit of $250.7 million.

On a per-share basis, the Lake Forest, Illinois-based company said it had profit of $2.63. Earnings, adjusted for non-recurring costs, were $2.69 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share.

The maker of containerboard and corrugated packaging products posted revenue of $2 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.95 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKG at https://www.zacks.com/ap/PKG

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