Nip Impressions logo
Sun, Dec 8, 2024 20:25
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Sonoco Products Q3 Profit Decreases, But Beats Estimates

Sonoco Products (SON) announced a profit for third quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $51 million, or $0.51 per share. This compares with $131 million, or $1.32 per share, in last year's third quarter.

Excluding items, Sonoco Products reported adjusted earnings of $148 million or $1.49 per share for the period.

Analysts on average had expected the company to earn $1.45 per share. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.0% to $1.676 billion from $1.710 billion last year.

Ensure up to 50,000 Pulp and Paper professionals see your company as they search this directory.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: