Silgan Hldgs Q1 2024 Adj EPS $0.69 Beats $0.65 Estimate, Sales $1.317B Miss $1.373B Estimate
Portfolio Pulse from Benzinga Newsdesk
Silgan Holdings (SLGN) reported Q1 2024 adjusted EPS of $0.69, surpassing the $0.65 estimate, but its sales of $1.317B fell short of the $1.373B estimate, marking a 7.12% decrease from the previous year.
May 01, 2024 | 10:56 am
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Silgan Holdings reported a mixed Q1 2024 with earnings beating estimates but sales missing expectations and showing a year-over-year decline.
The positive earnings beat may provide some upward momentum for SLGN's stock, but the miss on sales and the year-over-year decline could temper investor enthusiasm, leading to a neutral short-term impact.
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