Packaging Corp Q2 Sales Rise to $2.49B Despite GAAP Net Income Decline

Key Facts

1Packaging Corp reported Q2 2026 sales of $2.49 billion, up from $2.17 billion in the prior year.

2GAAP net income eased to $192.1 million compared to $241.5 million in the previous year.

3The company forecasts adjusted EPS of $2.91 for the third quarter of 2026.

Packaging Corp of America reported Q2 2026 sales of $2.49 billion, increasing from $2.17 billion in the prior year according to AD HOC NEWS. GAAP net income for the period eased to $192.1 million compared to $241.5 million in the previous year's quarter. Diluted earnings per share stood at $2.15, while adjusted EPS reached $2.35, surpassing the consensus estimate of $2.31 cited in market reports.

The revenue expansion was supported by a 24.3% increase in total corrugated products shipments, which included 4.1% growth in legacy operations. Looking ahead, the company issued guidance forecasting adjusted EPS of $2.91 for the third quarter of 2026. Official third-quarter results are scheduled for release after the market close on October 21, 2026, followed by a conference call the next day.