Sonoco (SON) Tops Q2 EPS by 36c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Sonoco Reports Strong Second Quarter 2022 Results
July 21, 2022 6:45 AM EDTHARTSVILLE, S.C., July 21, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its second quarter ended July 3, 2022.
Second Quarter Highlights
Net sales were a record $1.91 billion, an approximately 38 percent increase from last year's second quarter 2021 sales of $1.38 billion.GAAP net income per diluted share was $1.33, compared with a loss of $(3.34) in the same period in 2021.GAAP net income includes net after-tax, non-base charges totaling $42.1 million, or $0.43 per diluted share. These charges largely consist of amortization of acquired... More