Sonoco Products Co.

NYSE:SON  
56.92
+1.90 (+3.45%)
4:00:00 PM EDT: $56.93 +0.01 (+0.02%)
Positive Earnings Pre-Announcement

Sonoco Raises Second-Quarter 2022 Financial Guidance

Published: 06/22/2022 11:26 GMT
Sonoco Products Co. (SON) - Sonoco Raises Second-quarter 2022 Financial Guidance.
Q1 Core Earnings per Share $1.85.
Expects Second-quarter 2022 Base Net Income to Be in a Range of $1.60 to $1.70 per Diluted Share.
Expects Second-quarter 2022 GAAP Net Income to Be in a Range of $1.27 to $1.37 per Diluted Share.
Sonoco Products - Expects Q2 Operating Results to Be Significantly Better Than Previously Projected Due to Sustained Customer Demand.
Q2 Earnings per Share View $1.27 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.88 Billion
Adjusted EPS is expected to be $1.30

Next Quarter Revenue Guidance is expected to be $1.87 Billion
Next Quarter EPS Guidance is expected to be $1.14

More details on our Analysts Page.