What to Expect from Sonoco Prods's Earnings
Portfolio Pulse from Benzinga Insights
Sonoco Prods (NYSE:SON) is set to release its quarterly earnings on October 31, 2024, with analysts expecting an EPS of $1.45. Despite a history of beating EPS estimates, past performance has not always led to positive stock price movements. Analysts rate Sonoco as a 'Buy' with a price target suggesting a 7.52% upside. However, the company faces challenges in revenue growth, profitability, and return on equity compared to its peers.
October 30, 2024 | 5:04 pm
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Sonoco Prods is expected to announce its quarterly earnings with an EPS of $1.45. Despite a 'Buy' rating and a potential 7.52% upside, the company faces challenges in revenue growth and profitability compared to peers.
Sonoco Prods is preparing to release its earnings, with analysts expecting an EPS of $1.45. The company has a 'Buy' rating and a price target suggesting a 7.52% upside. However, past earnings beats have not always resulted in positive stock price movements, and the company faces challenges in revenue growth and profitability compared to its peers. These mixed signals suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100