Sonoco Expects Q3 Adjusted EPS Of $1.25-$1.35, Consensus $1.51
Portfolio Pulse from Benzinga Newsdesk
Sonoco has announced that it expects its Q3 adjusted EPS to be between $1.25 and $1.35, which is lower than the consensus estimate of $1.51.
July 31, 2023 | 10:03 pm
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NEGATIVE IMPACT
Sonoco's projected Q3 adjusted EPS is lower than the market consensus, which could negatively impact its stock price.
Sonoco's projected Q3 adjusted EPS is lower than the market consensus. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100