Sonoco Prods Sees FY24 Adj. EPS $5.00-$5.30 Vs $5.07 Est.
Portfolio Pulse from Benzinga Newsdesk
Sonoco Products Company (SON) forecasts its FY24 adjusted EPS to be in the range of $5.00-$5.30, compared to the estimated $5.07.
April 30, 2024 | 9:17 pm
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Sonoco Products Company anticipates its FY24 adjusted EPS to be between $5.00 and $5.30, which is in line with the analyst estimate of $5.07.
The forecasted EPS range by Sonoco Products is closely aligned with the analyst estimates, indicating that the company's financial performance is expected to meet market expectations. This alignment suggests a neutral impact on the stock price in the short term as the forecast does not significantly exceed nor fall short of the analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100