Silgan Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Silgan Holdings

30/10/2024 15:11

* Silgan Holdings Inc  SLGN.N  reported quarterly adjusted
earnings of $1.21​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.16.  The mean expectation of eleven analysts
for the quarter was for earnings of $1.24 per share. Wall Street
expected results to range from $1.21  to $1.33 per share.
    * Revenue fell 3.2% to $1.75 billion from a year ago;
analysts
expected $1.82 billion. 
    * Silgan Holdings Inc's reported EPS for the quarter was 93
cents​.
    * The company reported quarterly net income of $100.1
million.
    * Silgan Holdings Inc shares had fallen by 3.3% this
quarter and
gained 12.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-paper
containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Silgan Holdings
Inc is 60.00 
This summary was machine generated from LSEG data October 30 at
03:10 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.24           1.21           Missed
 Jun. 30 2024      0.87           0.88           Beat
 Mar. 31 2024      0.65           0.69           Beat
 Dec. 31 2023      0.58           0.63           Beat