Silgan Holdings Inc expected to post earnings of 87 cents a share - Earnings Preview
29/07/2024 17:16
* Silgan Holdings Inc SLGN.N SLGN.K is expected to show
a rise
in quarterly revenue when it reports results on July 31 for the
period ending June 30 2024
* The Stamford Connecticut-based company is expected to
report a
0.4% increase in revenue to $1.432 billion from $1.43 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data. (Majority is on NET SALES)
* LSEG's mean analyst estimate for Silgan Holdings Inc is
for
earnings of 87 cents per share. The company's EPS guidance on
May 1 2024, for the period ended June 30, was between $0.82 and
$0.92
* 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 $54.00, above its last closing price of $47.85.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.65 0.65 0.69 Beat 5.6
Dec. 31 2024 0.57 0.58 0.63 Beat 8.9
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. 0.77 0.77 0.78 Beat 1.2
31 2023
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. 30 2022 0.96 0.96 1.08 Beat 12.6
This summary was machine generated July 29 at 16:16 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)