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

Silgan Holdings

25/10/2023 14:32

* Silgan Holdings Inc  SLGN.N  reported quarterly adjusted
earnings of $1.16​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of $1.12 per share.
    * Revenue fell 8.5% to $1.80 billion from a year ago;
analysts
expected $1.95 billion. 
    * Silgan Holdings Inc's reported EPS for the quarter was
$1.02​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Silgan Holdings Inc shares had fallen by 4.4% this
quarter and
lost 20.5% so far this year.
    * The company reported quarterly net income of $110.6
million.
    * Wall Street's median 12-month price target for Silgan
Holdings
Inc is $50.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.12           1.16           Beat
 Jun. 30 2023      0.89           0.83           Missed
 Mar. 31 2023      0.77           0.78           Beat
 Dec. 31 2022      0.82           0.84           Beat