Sonoco Products (SON) revealed earnings for its first quarter that Increases, from last year
The company's earnings came in at $68 million, or $0.68 per share. This compares with $54 million, or $0.55 per share, last year.
Excluding items, Sonoco Products reported adjusted earnings of $119 million or $1.20 per share for the period.
The company's revenue for the period fell 1.8% to $1.67 billion from $1.70 billion last year.
Sonoco Products earnings at a glance (GAAP) :
-Earnings: $68 Mln. vs. $54 Mln. last year.-EPS: $0.68 vs. $0.55 last year.-Revenue: $1.67 Bln vs. $1.70 Bln last year.
-Guidance:Full year EPS guidance: $ 5.80 To $ 6.20Full year revenue guidance: $ 7.25 B To $ 7.75 B
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.