Packaging Corp of America (NYSE:PKG)
$ 228.82 1.74 (0.77%) Market Cap: 20.55 Bil Enterprise Value: 22.53 Bil PE Ratio: 26.67 PB Ratio: 4.82 GF Score: 85/100
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Q2 2019 Packaging Corp of America Earnings Call Transcript

Jul 25, 2019 / 01:00PM GMT
Release Date Price: $101.99 (-0.24%)
Operator

Thank you for joining Packaging Corporation of America's Second Quarter 2019 Earnings Results Conference Call. Your host today will be Mark Kowlzan, Chief Executive Officer of PCA. (Operator Instructions)

I would now like to turn the conference over to Mr. Kowlzan. And please proceed when you are ready, sir.

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 Second Quarter 2019 Earnings Release Conference Call. I am 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 second quarter results, and then I'm going to turn the call over to Tom and Bob, who'll provide more details. Then I'll wrap things up, and we'll be glad to take questions.

Yesterday, we reported second quarter net income of $194 million or $2.04 per share. This compares to the second

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