Sonoco Reports First Quarter 2017 Results

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Sonoco Products (SON) PT Raised to $48 at Jefferies

April 21, 2017 7:44 AM UTC

Jefferies raised its price target on Sonoco Products (NYSE: SON) to $48.00 (from $47.00) while maintaining a Hold rating. Consumer volumes were down 2.8% YOY in 1Q, but after stripping out the impact of 2 fewer days, the decline was more modest and primarily attributable to soft... More

Sonoco (SON) Tops Q1 EPS by 1c

April 20, 2017 6:56 AM UTC

Sonoco (NYSE: SON) reported Q1 EPS of $0.59, $0.01 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.17 billion.

GUIDANCE:

Sonoco sees Q2 2017 EPS of $0.67-$0.73, versus the consensus of... More