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SON — Sonoco Products News Story

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Sonoco Products Co reports results for the quarter ended June 30 - Earnings Summary

Sonoco Products Co SON.N reported quarterly adjusted earnings of $1.37​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.28.  The mean expectation of ten analysts for the quarter was for earnings of $1.45 per share. Wall Street expected results to range from $1.40  to $1.56 per share.

Revenue rose 17.7% to $1.91 billion from a year ago; analysts expected $1.91 billion.

Sonoco Products Co's reported EPS for the quarter was $4.96​.

The company reported quarterly net income of $493.42 million.

Sonoco Products Co shares had risen by 9.4% this quarter and lost 2.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.5% 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 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the paper packaging peer group is also "buy"

Wall Street's median 12-month price target for Sonoco Products Co is $55.00, about 11.5% above its last closing price of $48.68

This summary was machine generated from LSEG data July 23 at 09:57 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.451.37Missed
Mar. 31 20251.421.38Missed
Dec. 31 20241.201.00Missed
Sep. 30 20241.451.49Beat

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