Silgan Holdings Inc expected to post earnings of 58 cents a share - Earnings Preview
29/01/2024 13:33
* Silgan Holdings Inc SLGN.N SLGN.K is expected to show
a fall
in quarterly revenue when it reports results on January 31 for
the period ending December 31 2023
* The Stamford Connecticut-based company is expected to
report a
4.5% decrease in revenue to $1.39 billion from $1.46 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Silgan Holdings Inc is
for
earnings of 58 cents per share. The company's EPS guidance on
October 25 2023, for the period ended December 31, was between
$0.43 and $0.53
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 2 "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 $49.50, above its last closing price of $43.80.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 1.12 1.12 1.16 Beat 3.2
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. 1.23 1.22 1.27 Beat 4.1
30 2022
Jun. 30 2022 0.96 0.96 1.08 Beat 12.6
Mar. 31 2022 0.76 0.76 0.78 Beat 2.4
Dec. 31 2021 0.73 0.73 0.79 Beat 7.6
This summary was machine generated January 29 at 13:32 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)