Brief: Silgan Holdings Reports Q4 Revenue Of $1.44 Bln

Silgan Holdings

25/01/2022 23:31

Jan 25 (Reuters) - Silgan Holdings Inc  SLGN.O :
    * Q4 ADJUSTED EARNINGS PER SHARE $0.79 INCLUDING ITEMS
    * Q4 EARNINGS PER SHARE $0.76
    * Q4 REVENUE $1.44 BILLION
    * ADJUSTED EPS FOR 2022 IS EXPECTED TO INCREASE ANOTHER 15%,
AT
MIDPOINT OF COMPANY'S ESTIMATED RANGE
    * SEES FY 2022 ADJUSTED EARNINGS PER SHARE $3.80 TO $4.00
    * Q4 EARNINGS PER SHARE VIEW $0.73, REVENUE VIEW $1.36
BILLION --
REFINITIV IBES DATA
    * EXPECTS HIGHER INTEREST EXPENSE IN 2022 PRIMARILY DUE TO
HIGHER
WEIGHTED AVERAGE OUTSTANDING BORROWINGS
    * FOR Q1 OF 2022, COMPANY IS PROVIDING AN ESTIMATE OF
ADJUSTED NET
INCOME PER DILUTED SHARE IN RANGE OF $0.70 TO $0.80
    * ESTIMATES THAT FREE CASH FLOW IN 2022 WILL BE
APPROXIMATELY $350
MILLION
    * FREE CASH FLOW IN 2022 WILL BE NEGATIVELY IMPACTED BY AN
ANTICIPATED SIGNIFICANT INCREASE IN WORKING CAPITAL
    * Q1 EARNINGS PER SHARE VIEW $0.84 -- REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $3.73 -- REFINITIV IBES
DATA

Source text for Eikon:  ID:nBw2dVMvxa 
Further company coverage:  SLGN.O 

 ((Reuters.Briefs@thomsonreuters.com;))