Packaging Corp of America (LTS:0KEZ)
$ 228.42 -1.84 (-0.81%) Market Cap: 20.55 Bil Enterprise Value: 22.53 Bil PE Ratio: 26.26 PB Ratio: 4.74 GF Score: 80/100
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Q3 2019 Packaging Corp of America Earnings Call Transcript

Oct 24, 2019 / 01:00PM GMT
Release Date Price: $106.88
Operator

Thank you for joining Packaging Corporation of America's Third Quarter 2019 Earnings Results Conference Call. Your host today will be Mark Kowlzan, Chairman and Chief Executive Officer of PCA. Upon conclusion of his narrative, there will be a Q&A session. I will now turn the conference call over to Mr. Kowlzan, and please proceed when you are ready.

Mark W. Kowlzan
Packaging Corporation of America - Chairman of the Board & CEO

Good morning and thank you for participating in Packaging Corporation of America's Third Quarter 2019 Earnings Release Conference Call. I'm Mark Kowlzan, Chairman and CEO of PCA, and with me on the call today is Tom Hassfurther, Executive Vice President, who runs the Packaging business; and Bob Mundy, our Chief Financial Officer. I'll begin the call with an overview of our third quarter results, and then I'm going to turn the call over to Tom and Bob, who'll provide more details. After which, I'll wrap things up, and we'll be glad to take any questions.

Yesterday, we reported third quarter net income of $180 million, or

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