Silgan Holdings Inc expected to post earnings of $1.12 a share - Earnings Preview

Silgan Holdings

23/10/2023 17:21

* Silgan Holdings Inc  SLGN.N   SLGN.K  is expected to show
a fall
in quarterly revenue when it reports  results on October 25. 
    * The Stamford Connecticut-based  company is expected to
report  a
1.2% decrease in revenue to $1.946 billion from $1.97 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Silgan Holdings Inc
is
for earnings of $1.12 per share. The company's EPS guidance on
July 26 2023, for the period ended September 30, was between
$1.10 and $1.20 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Silgan
Holdings
Inc is $50.5​, above​ its last closing price of $40.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.90        0.89       0.83      Missed  -7.2
 Mar. 31 2023  0.77        0.77       0.78      Beat    1.2
 Dec. 31 2022  0.82        0.82       0.84      Beat    2.5​
 Sep. 30 2022  1.23        1.22       1.27      Beat    4.1
 ​​Jun.        0.96        0.96       1.08      Beat    12.6
 30 2022                                                
 Mar. 31 2022  0.76        0.76       0.78      Beat    2.4​
 Dec. 31 2021  0.73        0.73       0.79      Beat    7.6
 Sep. 30 2021  1.05        1.04       1.02      Missed  -2.1
 This summary was machine generated October 23 at 16:21 GMT.  All
figures in US dollars  unless otherwise stated