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Recent Articles
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Zacks: IP's Q4 adjusted EPS beat estimate, rising 43% year-over-year mainly aided by higher sales prices for corrugated boxes; net sales up 1%, but miss estimate, as sales volumes for corrugated boxes, containerboard bear brunt of lower consumer spending
Published:
January 31, 2023
by Zack's Commentary
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Wells Fargo: Q4 2022 containerboard shipments below expectations, though prompt industry response drives impressive inventory reduction; Q4 same-day box shipments down 6.8% year-over-year, and full-year 2022 same-day shipments down 3.8%
Published:
January 30, 2023
by Wells Fargo & Co.
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Total US containerboard production in 2022 down 5% from 2021, as most grades drop double-digits in Q4; drops in both domestic, export production contribute to operating rates in the 80s, high 70s, bringing 2022 operating rate five points below 2021: AF&PA
Published:
January 27, 2023
by American Forest & Paper Association (AF&PA)
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Wells Fargo reiterates PCA at equal weight and lifts target US$10 to US$135, noting its story is getting more interesting on potential for bottoming containerboard fundamentals, free cash flow acceleration, shareholder-friendly capital allocation strategy
Published:
January 27, 2023
by Wells Fargo & Co.
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SCA's full-year net profit of SEK6.82B up 12% on total group sales of SEK20.79B, while Q4 net profit drops 39% year-over-year to SEK1.22B; pulp, containerboard full-year net sales both climb 25% from 2021, while forest revenue grows 9%, wood sales fall 5%
Published:
January 27, 2023
by Svenska Cellulosa Aktiebolaget (SCA)
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