Silgan Hldgs Q3 2024 Adj. EPS $1.21 Misses $1.24 Estimate, Sales $1.745 Miss $1.825B Estimate
Portfolio Pulse from Benzinga Newsdesk
Silgan Holdings reported Q3 2024 earnings per share of $1.21, missing the analyst estimate of $1.24. Sales were $1.745 billion, below the expected $1.825 billion, and a decrease from $1.803 billion in the same period last year.
October 30, 2024 | 10:57 am
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Silgan Holdings reported Q3 2024 earnings that missed analyst expectations, with EPS at $1.21 versus the expected $1.24. Sales also fell short at $1.745 billion, a decrease from the previous year's $1.803 billion.
The earnings and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The decrease in sales compared to the previous year further adds to the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100