UPDATE: Packaging Corp Posts 54% Surge In Q4 Profit, Issues Downbeat Forecast - Packaging Corp of America (NYSE:PKG)

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Packaging Corp. of America (NYSE: PKG) reported a 54% rise in its fourth-quarter earnings. Packaging Corp expects current-quarter earnings of $0.56 per share, versus analysts' estimates of $0.62 per share. Packaging Corp's quarterly profit surged to $61 million, or $0.63 per share, from $39.5 million, or $0.40 per share, in the year-ago period. Excluding items, it earned $0.61 per share. Its sales climbed 13% to $736.6 million. However, analysts were expecting earnings of $0.62 per share on revenue of $716 million. Its gross margin climbed to 23.6% from 20.5%. Packaging Corp shares closed at $40.02 on Friday.

20-Year Pro Trader Reveals His "MoneyLine"

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