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Sonoco Products Earnings Climb In Q4

Sonoco Products (SON) announced a profit for its fourth quarter that gained ground from last year.

The company said its bottom line totaled $73.45 million, or $0.72 per share. This was higher than $62.52 million, or $0.62 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.0% to $1.30 billion. This was up from $1.14 billion last year.

Sonoco Products earnings at a glance:

-Earnings (Q4): $73.45 Mln. vs. $62.52 Mln. last year.
-Earnings Growth (Y-o-Y): 17.5%
-EPS (Q4): $0.72 vs. $0.62 last year.
-EPS Growth (Y-o-Y): 16.1%
-Analysts Estimate: $0.73
-Revenue (Q4): $1.30 Bln vs. $1.14 Bln last year.
-Revenue Change (Y-o-Y): 14.0%

-Guidance:
Next quarter EPS guidance: $0.69 to $0.75
Full year EPS guidance: $3.16 to $3.26

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