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- Sonoco reported $1.64 billion in revenue, a 5.3% decline year-over-year. - EPS for the quarter was $1.12, down from $1.40 a year ago. - Company delivered an EPS surprise of +3.70%, beating the consensus estimate of $1.08. - Net sales for Consumer Packaging and Industrial Paper Packaging showed modest changes. - Sonoco stock returned -0.6% over the past month, with Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Sonoco reported $1.64 billion in revenue, a 5.3% decline year-over-year.
- EPS for the quarter was $1.12, down from $1.40 a year ago.
- Company delivered an EPS surprise of +3.70%, beating the consensus estimate of $1.08.
- Net sales for Consumer Packaging and Industrial Paper Packaging showed modest changes.
- Sonoco stock returned -0.6% over the past month, with Zacks Rank #3 (Hold).
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