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Silgan Holdings Inc. SLGN reported adjusted earnings per share (EPS) of 69 cents for first-quarter 2024, beating the Zacks Consensus Estimate of 67 cents. The bottom line decreased 12% year over year but was within the companyâs guidance of 60-70 cents. The decline reflected weaker volume performance across all its segments attributed to customer destocking.
Including one-time items, earnings were 52 cents per share compared with 65 cents in the prior-year quarter.
Total revenues decrease...
>>> Read more: Silgan (SLGN) Q1 Earnings Beat Estimates, Revenues Dip Y/Y
Including one-time items, earnings were 52 cents per share compared with 65 cents in the prior-year quarter.
Total revenues decrease...
>>> Read more: Silgan (SLGN) Q1 Earnings Beat Estimates, Revenues Dip Y/Y