Sonoco Products Co reports results for the quarter ended March 31 - Earnings Summary

Sonoco Products

29/04/2025 23:39

Sonoco Products Co SON.N reported quarterly adjusted earnings of $1.38​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.12.  The mean expectation of nine analysts for the quarter was for earnings of $1.42 per share. Wall Street expected results to range from $1.38  to $1.45 per share.

Revenue rose 4.4% to $1.71 billion from a year ago; analysts expected $2.04 billion.

Sonoco Products Co's reported EPS for the quarter was 55 cents​.

The company reported quarterly net income of $54.43 million.

Sonoco Products Co shares had fallen by 1.7% this quarter and lost 4.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 9.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "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 $55.50

This summary was machine generated from LSEG data April 29 at 10:39 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
Mar. 31 2025
1.42
1.38
Missed
Dec. 31 2024
1.20
1.00
Missed
Sep. 30 2024
1.45
1.49
Beat
Jun. 30 2024
1.24
1.28
Beat