Sonoco Products Co.

NYSE:SON  
56.73
-0.97 (-1.68%)
4:00:00 PM EDT: $56.65 -0.08 (-0.14%)
Other Pre-Announcement

Sonoco Products Co Sees 2022 Base EPS Between $3.85 And $3.95

Published: 12/10/2021 13:45 GMT
Sonoco Products Co. (SON) - Sonoco Provides Strategic Overview and Issues 2022 Financial Guidance.
2022 Base EPS Estimated to Be $3.85 to $3.95.
2021 Base EPS Expected to Be at Top End of Previous Guidance.
Strategy Targets $1 Billion in Annual EBITDA in Five Years.
Expects Fourth-quarter 2021 GAAP Earnings to Be in a Range of $0.54 to $0.70 per Diluted Share.
Reaffirmed Guidance for 2021 Operating Cash Flow and Free Cash Flow.
2022 Operating Cash Flow is Projected to Be Approximately $585 Million.
2022 Free Cash Flow is Projected to Be About $285 Million, Up Nearly 90 Percent From 2021.
FY2022 Earnings per Share View $3.84 -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $3.53 -- Refinitiv Ibes Data (analyst estimates).