Mark Colzan
Chairman & CEO, Packaging Corporation of America
Replay available
Packaging Corporation of America (NYSE: PKG) Q1 2025 earnings conference call, held 2025-04-23. Replay captured from the company's public earnings webcast.

Chairman & CEO, Packaging Corporation of America
President, PCA
Chief Financial Officer, PCA
Analyst, Bank of America Securities
Analyst, Truist
Analyst, Wells Fargo Securities
Analyst, Citi
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WEBVTT 00:00:00.031 -- 00:00:04.757 Good morning, everyone. Thank you for joining Packaging Corporation of America's first 00:00:04.757 -- 00:00:08.442 quarter 2025 earnings results conference call. 00:00:08.442 -- 00:00:14.831 Your host today will be Mark Colzan, Chairman and Chief Executive Officer of PCA. 00:00:14.831 -- 00:00:19.037 Upon conclusion of his narrative, there will be a Q&A session. 00:00:19.037 -- 00:00:21.340 I would now like to turn the conference call over to Mr. 00:00:21.340 -- 00:00:25.042 Colzan. Please proceed when you are ready. 00:00:25.405 -- 00:00:28.816 Thank you, Jamie. Thank you, Jamie. Good morning, everyone, and thank you all for participating 00:00:28.816 -- 00:00:33.100 in Packaging Corporation of America's first quarter 2025 earnings release conference 00:00:33.100 -- 00:00:38.205 call. Again, I'm Mark Colzan, Chairman and CEO of PCA, and with me on the 00:00:38.205 -- 00:00:44.291 call today is Tom Hasfurther, President of PCA, and Bob Munday, our Chief Financial Officer. 00:00:44.291 -- 00:00:48.235 I'll begin the call, as usual, with an overview of the first quarter results, and then 00:00:48.235 -- 00:00:52.459 I'm going to turn the call over to Tom and Bob, who will provide further details. 00:00:52.459 -- 00:00:56.881 After that, I'll wrap things up, and then we'll be glad to take questions. 00:00:58.570 -- 00:01:04.356 Yesterday, we reported first quarter net income of $204 million or $2.26 00:01:04.356 -- 00:01:06.839 per share. 00:01:06.839 -- 00:01:11.964 Excluding special items, first quarter 2025 net income was $208 million 00:01:11.964 -- 00:01:15.648 or $2.31 per share compared 00:01:15.648 -- 00:01:20.854 to the first quarter of 2024 net income of $155 million 00:01:20.854 -- 00:01:24.416 or $1.72 per share. 00:01:24...