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Sonoco Products Company SON reported adjusted earnings per share of $1.12 in the first quarter of 2024, beating the Zacks Consensus Estimate of $1.08. The figure was within the companyâs guidance of $1.05-$1.15. The bottom line fell 20% from the prior-year quarter.
Including one-time items, the company reported earnings of 66 cents, which compared unfavorably with the year-ago quarterâs $1.50.
Sonocoâs net sales were $1.64 billion, missing the Zacks Consensus Estimate of $1....
>>> Read more: Sonoco (SON) Earnings Top Estimates in Q1, Lowers '24 View
Including one-time items, the company reported earnings of 66 cents, which compared unfavorably with the year-ago quarterâs $1.50.
Sonocoâs net sales were $1.64 billion, missing the Zacks Consensus Estimate of $1....
>>> Read more: Sonoco (SON) Earnings Top Estimates in Q1, Lowers '24 View