Sonoco Prods Sees FY24 Adj. EPS $5.05-$5.25 Vs $5.02 Est.
Portfolio Pulse from Benzinga Newsdesk
Sonoco Products has announced its fiscal year 2024 adjusted earnings per share (EPS) guidance, projecting a range of $5.05 to $5.25, which is slightly above the estimated $5.02.
October 31, 2024 | 8:13 pm
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Sonoco Products has provided a positive earnings outlook for FY24, with adjusted EPS guidance of $5.05-$5.25, exceeding the market estimate of $5.02.
The guidance provided by Sonoco Products for FY24 adjusted EPS is higher than the market estimate, indicating a positive outlook for the company's financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100