Silgan Holdings Inc reports results for the quarter ended in June - Earnings Summary

Silgan Holdings

26/07/2023 14:33

* Silgan Holdings Inc  SLGN.N  reported quarterly adjusted
earnings of 83 cents​​ per share for the quarter ended in June.
The mean expectation of twelve analysts for the quarter was
for earnings of 89 cents per share.
    * Revenue fell 7.6% to $1.43 billion from a year ago;
analysts
expected $1.55 billion. 
    * Silgan Holdings Inc's reported EPS for the quarter was 71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Silgan Holdings Inc shares had risen by 4.2% this
quarter and
lost 5.8% so far this year.
    * The company reported quarterly net income of $78.9
million.
    * Wall Street's median 12-month price target for Silgan
Holdings
Inc is $57.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.89           0.83           Missed
 Mar. 31 2023      0.77           0.78           Beat
 Dec. 31 2022      0.82           0.84           Beat
 Sep. 30 2022      1.22           1.27           Beat