Sonoco Products Co.

NYSE:SON   3:59:50 PM EDT
+0.43 (+0.68%)
4:00:00 PM EDT: $63.47 +0.06 (+0.10%)
Earnings Announcements

Sonoco Reduces Pension Obligation By About $1.4 Billion

Published: 06/24/2021 21:47 GMT
Sonoco Products Co. (SON) - Sonoco Reduces Pension Obligation by Approximately $1.4 Billion With Purchase of Group Annuity Contracts and Distribution of Lump-sum Payments.
Sonoco Products Co - Expects to Recognize Non-cash, Pre-tax Pension Settlement Charges Totaling Approximately $550 Million in Q2 of 2021.
Revenue is expected to be $1.37 Billion
Adjusted EPS is expected to be $0.91

Next Quarter Revenue Guidance is expected to be $1.37 Billion
Next Quarter EPS Guidance is expected to be $0.91

More details on our Analysts Page.