Packaging Corp. Is Worst Stock in S&P 500 After Earnings. Here’s Why. - Barron's
1. PKG stock dropped 10% after disappointing Q1 guidance. 2. Q4 profit increased to $221.1 million, missing earnings expectations. 3. CEO expects lower containerboard volume due to seasonal factors. 4. Costs for wood, energy, and chemicals expected to rise. 5. Analysts forecast lower earnings of $2.21, below estimates.