Sonoco Reports Third Quarter 2016 Results

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Go back to Sonoco Reports Third Quarter 2016 Results

Sonoco Products (SON) PT Raised to $47 at Jefferies

October 24, 2016 6:59 AM EDT

Jefferies analyst Philip Ng bumped his price target on Sonoco Products (NYSE: SON) to $47.00 (from $46.00) while maintaining a Hold rating following results.

Ng commented, "While the consumer business is performing better than anticipated and industrial should improve, we remain on the sidelines... More

Sonoco (SON) Tops Q3 EPS by 4c, Bumps Outlook

October 20, 2016 6:47 AM EDT

Sonoco (NYSE: SON) reported Q3 EPS of $0.72, $0.04 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.23 billion.

GUIDANCE:

Sonoco sees FY2016 EPS of $2.70-$2.75, versus prior guidance of $2.68-$2.74 and... More