Sonoco Products Company's Q3 sales rise due to price increases

Sonoco Products

22/10/2025 22:44

Overview

Sonoco Q3 net sales rose 57.3% yr/yr to $2.1 bln, driven by acquisitions

Adjusted EPS for Q3 at $1.92, missing analyst expectations

Company to sell ThermoSafe unit for up to $725 mln to repay existing debt

Outlook

Sonoco revises full-year adjusted EPS guidance to $5.65-$5.75 from approximately $6.00

Full-year adjusted EBITDA expected between $1.30 bln and $1.35 bln

Cash flow from operations guidance lowered to $700 mln-$750 mln from $800 mln

Result Drivers

ACQUISITIONS BOOST - Sales growth driven by Metal Packaging EMEA acquisition

PRICE INCREASES - Implemented to offset inflation and tariffs

RESTRUCTURING COSTS - Higher restructuring costs partially offset operating profit gains

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$2.13 bln
$2.18 bln (9 Analysts)
Q3 Adjusted EPS
Miss
$1.92
$2.01 (9 Analysts)
Q3 EPS
$1.23
Q3 Net Income
$123 mln
Q3 Operating profit
$195 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the paper packaging peer group is "buy"

Wall Street's median 12-month price target for Sonoco Products Co is $55.50, about 25.8% above its October 21 closing price of $41.17

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nGNX4tCX91

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)