Latest news with #PackagingCorporationofAmerica
Yahoo
12-05-2025
- General
- Yahoo
Frank J. Roman, Youngstown, Ohio
YOUNGSTOWN, Ohio (MyValleyTributes) – Frank J. Roman, 87, of the city's West Side, passed away peacefully Friday afternoon, May 9, 2025, at Canfield Healthcare Center. Frank was born February 7, 1938, in Youngstown, a son of the late Ross and Carmel Ferraro Roman and was a lifelong area resident. Find obituaries from your high school He worked for the Packaging Corporation of America for 26 years before joining the environmental services department at St. Elizabeth Medical Center, where he worked for 20 years before retiring in 2006. A devout Catholic, Frank was a longtime member of St. Brendan Church, where he served as a Eucharistic minister. He also volunteered with the St. Vincent de Paul Society and delivered communion to the sick at St. Elizabeth Hospital. Frank enjoyed many hobbies, including downhill skiing, golfing, bowling, photography, gardening and cooking. He was known for his pleasant, soft-spoken nature and deep faith. He is survived by his nephew, Richard (Denise) Ellis; his niece, Lisa Ellis Ratkowski; great-nieces, Allison and Danielle; a great-great-nephew, two great-great-nieces and his beloved fictive kin, Helena Rhymer and her children. In addition to his parents, Frank was preceded in death by his sister, Juliann 'Judy' Ellis; his niece, Karen Ellis Thompson and her husband, Robert Thompson; his great-niece, Melissa Thompson and his great-nephew, Joshua Thompson. Family and friends may gather to pay respects from 10:00 – 11:00 a.m., Thursday, May 15, 2025, at St. Brendan Church 2800 Oakwood Avenue in Youngstown, where a Mass of Christian Burial will be celebrated at 11:00 a.m. Interment will follow at Calvary Cemetery in Youngstown. The family would like to thank the caregivers of Canfield Healthcare Center, along with April and Ron from Sanctuary Hospice, for their compassionate care. Special thanks are also extended to his fellow residents at Canfield Healthcare Center for their companionship and for sharing many enjoyable hours watching ballgames and sporting events with Frank. Arrangements have been entrusted to Kinnick Funeral Home in 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
08-05-2025
- Business
- Yahoo
Q1 Earnings Highs And Lows: Packaging Corporation of America (NYSE:PKG) Vs The Rest Of The Industrial Packaging Stocks
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at industrial packaging stocks, starting with Packaging Corporation of America (NYSE:PKG). Industrial packaging companies have built competitive advantages from economies of scale that lead to advantaged purchasing and capital investments that are difficult and expensive to replicate. Recently, eco-friendly packaging and conservation are driving customers preferences and innovation. For example, plastic is not as desirable a material as it once was. Despite being integral to consumer goods ranging from beer to toothpaste to laundry detergent, these companies are still at the whim of the macro, especially consumer health and consumer willingness to spend. The 8 industrial packaging stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 0.9%. While some industrial packaging stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.2% since the latest earnings results. Founded in 1959, Packaging Corporation of America (NYSE: PKG) produces containerboard and corrugated packaging products as well as displays and package protection. Packaging Corporation of America reported revenues of $2.14 billion, up 8.2% year on year. This print exceeded analysts' expectations by 1.5%. Overall, it was a strong quarter for the company with a solid beat of analysts' sales volume estimates and a decent beat of analysts' adjusted operating income estimates. Commenting on reported results, Mark W. Kowlzan, Chairman and CEO, said, 'A new first quarter revenue record was achieved to begin the new year. In the Packaging segment we had excellent implementation of our previously announced price increases and, although we began to see some pullback in the middle of the quarter related to the uncertainty created by global trade tensions, box demand was solid and exceeded a very strong comparative period in last year's first quarter. Outstanding operational performance and scheduled outage execution at our mills delivered record first quarter containerboard production to meet this demand, and we ended the quarter at targeted inventory levels. Our Paper segment continued to achieve impressive margins with both volume and prices slightly above original estimates. Across the Company, continued emphasis on operational efficiency, cost reduction initiatives, and capital project execution helped minimize the persistent inflation we see throughout most of our cost structure.' Unsurprisingly, the stock is down 3.4% since reporting and currently trades at $180. Is now the time to buy Packaging Corporation of America? Access our full analysis of the earnings results here, it's free. Formerly Crown Cork & Seal, Crown Holdings (NYSE:CCK) produces packaging products for consumer marketing companies, including food, beverage, household, and industrial products. Crown Holdings reported revenues of $2.89 billion, up 3.7% year on year, outperforming analysts' expectations by 1.5%. The business had a very strong quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 8.2% since reporting. It currently trades at $97.10. Is now the time to buy Crown Holdings? Access our full analysis of the earnings results here, it's free. Founded in 1991, Graphic Packaging (NYSE:GPK) is a provider of paper-based packaging solutions for a wide range of products. Graphic Packaging Holding reported revenues of $2.12 billion, down 6.2% year on year, in line with analysts' expectations. It was a softer quarter as it posted full-year revenue guidance missing analysts' expectations and full-year EBITDA guidance missing analysts' expectations significantly. Graphic Packaging Holding delivered the slowest revenue growth and weakest full-year guidance update in the group. As expected, the stock is down 13.6% since the results and currently trades at $21.85. Read our full analysis of Graphic Packaging Holding's results here. Established in 1898, International Paper (NYSE:IP) produces containerboard, pulp, paper, and materials used in packaging and printing applications. International Paper reported revenues of $5.90 billion, up 27.8% year on year. This result lagged analysts' expectations by 1.5%. It was a softer quarter as it also logged a miss of analysts' Cellulose Fibers revenue estimates and a significant miss of analysts' adjusted operating income estimates. International Paper scored the fastest revenue growth but had the weakest performance against analyst estimates among its peers. The stock is down 7.8% since reporting and currently trades at $43.88. Read our full, actionable report on International Paper here, it's free. Started with a $200 loan in 1880, Ball (NYSE:BLL) manufactures aluminum packaging for beverages, personal care, and household products as well as aerospace systems and other technologies. Ball reported revenues of $3.10 billion, up 7.8% year on year. This print beat analysts' expectations by 6.7%. It was a stunning quarter as it also put up a solid beat of analysts' organic revenue and adjusted operating income estimates. Ball achieved the biggest analyst estimates beat among its peers. The stock is down 2.3% since reporting and currently trades at $50.66. Read our full, actionable report on Ball here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
05-05-2025
- Business
- Yahoo
Sealed Air (SEE) Q1 Earnings Report Preview: What To Look For
Integrated packaging solutions provider Sealed Air Corporation (NYSE:SEE) will be reporting earnings tomorrow before the bell. Here's what to expect. Sealed Air beat analysts' revenue expectations by 1.3% last quarter, reporting revenues of $1.37 billion, flat year on year. It was a strong quarter for the company, with a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. Is Sealed Air a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Sealed Air's revenue to decline 4.8% year on year to $1.27 billion, a further deceleration from the 1.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.67 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sealed Air has missed Wall Street's revenue estimates twice over the last two years. Looking at Sealed Air's peers in the industrial packaging segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Crown Holdings delivered year-on-year revenue growth of 3.7%, beating analysts' expectations by 1.5%, and Packaging Corporation of America reported revenues up 8.2%, topping estimates by 1.5%. Crown Holdings traded up 8% following the results while Packaging Corporation of America was down 1.1%. Read our full analysis of Crown Holdings's results here and Packaging Corporation of America's results here. There has been positive sentiment among investors in the industrial packaging segment, with share prices up 13% on average over the last month. Sealed Air is up 16% during the same time and is heading into earnings with an average analyst price target of $36.37 (compared to the current share price of $28). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
Yahoo
05-05-2025
- Business
- Yahoo
Ball (BALL) Reports Earnings Tomorrow: What To Expect
Packaging manufacturer Ball (NYSE:BLL) will be announcing earnings results tomorrow before market open. Here's what to look for. Ball missed analysts' revenue expectations by 1.9% last quarter, reporting revenues of $2.88 billion, down 15.4% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a miss of analysts' organic revenue estimates. Is Ball a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Ball's revenue to grow 1% year on year to $2.90 billion, a reversal from the 17.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.70 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Ball's peers in the industrial packaging segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Crown Holdings delivered year-on-year revenue growth of 3.7%, beating analysts' expectations by 1.5%, and Packaging Corporation of America reported revenues up 8.2%, topping estimates by 1.5%. Crown Holdings traded up 8% following the results while Packaging Corporation of America was down 1.1%. Read our full analysis of Crown Holdings's results here and Packaging Corporation of America's results here. There has been positive sentiment among investors in the industrial packaging segment, with share prices up 13% on average over the last month. Ball is up 9.5% during the same time and is heading into earnings with an average analyst price target of $59.49 (compared to the current share price of $51.66). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
30-04-2025
- Business
- Yahoo
Graphic Packaging Holding (GPK) Reports Q1: Everything You Need To Know Ahead Of Earnings
Consumer packaging solutions provider Graphic Packaging Holding (NYSE:GPK) will be reporting results tomorrow before market hours. Here's what to look for. Graphic Packaging Holding missed analysts' revenue expectations by 2.6% last quarter, reporting revenues of $2.10 billion, down 6.8% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates. Is Graphic Packaging Holding a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Graphic Packaging Holding's revenue to decline 5.8% year on year to $2.13 billion, improving from the 7.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Graphic Packaging Holding's peers in the industrial packaging segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Crown Holdings delivered year-on-year revenue growth of 3.7%, beating analysts' expectations by 1.5%, and Packaging Corporation of America reported revenues up 8.2%, topping estimates by 1.5%. Crown Holdings traded up 8% following the results while Packaging Corporation of America was down 1.1%. Read our full analysis of Crown Holdings's results here and Packaging Corporation of America's results here. Investors in the industrial packaging segment have had fairly steady hands going into earnings, with share prices down 1.6% on average over the last month. Graphic Packaging Holding is down 2.2% during the same time and is heading into earnings with an average analyst price target of $30.18 (compared to the current share price of $25.64). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
