Sonoco Products: Q3 Earnings Insights

Shares of Sonoco Products SON were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 11.34% over the past year to $0.86, which beat the estimate of $0.82.

Revenue of $1,312,000,000 decreased by 3.10% from the same period last year, which missed the estimate of $1,320,000,000.

Guidance

The upcoming fiscal year's EPS expected to be between $3.29 and $3.39.

Conference Call Details

Date: Oct 22, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/74yyqbrm

Recent Stock Performance

Company's 52-week high was at $62.77

52-week low: $37.30

Price action over last quarter: Up 1.59%

Company Profile

Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!