Sonoco Products Co reports results for the quarter ended June 30 - Earnings Summary
Sonoco Products Co reports results for the quarter ended June 30 - Earnings Summary
Sonoco Products Co SON.N reported quarterly adjusted earnings of $1.51 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.37. The mean expectation of eleven analysts for the quarter was for earnings of $1.48 per share. Wall Street expected results to range from $1.46 to $1.53 per share.
Revenue fell 1.3% to $1.89 billion from a year ago; analysts expected $1.88 billion.
Sonoco Products Co's reported EPS for the quarter was $1.05.
The company reported quarterly net income of $104.89 million.
Sonoco Products Co shares had fallen by 2.9% this quarter and gained 25.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "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 $63.22, about 12.8% above its last closing price of $55.15
This summary was machine generated from LSEG data July 22 at 09:52 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 |
Jun. 30 2026 | 1.48 | 1.51 | Beat |
Mar. 31 2026 | 1.20 | 1.20 | Met |
Dec. 31 2025 | 1.00 | 1.05 | Beat |
Sep. 30 2025 | 1.93 | 1.92 | Missed |
Recent news on Sonoco Products
See all newsSonoco Products Q3 sales miss estimates on lower volume, weak food can demand
Kremlin says Russia's latest move against local assets of European companies is 'continuation of a trend'
Russia takes over more EU companies' assets over Ukraine support (updated)
Brief: Sonoco Products Enters First Amendment To Credit Agreement On Sept 25, 2026
Brief: Sonoco Products To Increase Paperboard Prices By 60 Euro Per Ton In EMEA Region