NEW YORK (TheStreet) -- Shares of Packaging Corp of America (PKG - Get Report) are down by 9.18% to $74.07 in mid-morning trading on Tuesday, after the company reported earnings results for the 2014 fourth quarter that fell short of analysts' expectations.

For the most recent quarter the U.S. containerboard producer said its adjusted earnings were $1.16 per share compared to the $1.17 analysts polled by Thomson Reuters were expecting.

Packaging Corp said its fourth quarter 2014 revenue was $1.43 billion versus the $1.49 billion analysts had forecast.

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The company also issued first quarter 2015 earnings guidance that came in below forecasts.

Packaging Corp said it believes earnings for fiscal first quarter will be between $1.07 and $1.10 per share.

Analysts had anticipated for earnings of $1.26 per share for the first quarter.

Separately, TheStreet Ratings team rates PACKAGING CORP OF AMERICA as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate PACKAGING CORP OF AMERICA (PKG) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."

You can view the full analysis from the report here: PKG Ratings Report

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