Silgan Holdings Inc. (SLGN) announced earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $45.1 million, or $0.42 per share. This compares with $64.4 million, or $0.60 per share, last year.
Excluding items, Silgan Holdings Inc. reported adjusted earnings of $90.8 million or $0.85 per share for the period.
Analysts on average had expected the company to earn $0.82 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.3% to $1.411 billion from $1.340 billion last year.
Silgan Holdings Inc. earnings at a glance (GAAP) :
-Earnings: $45.1 Mln. vs. $64.4 Mln. last year.
-EPS: $0.42 vs. $0.60 last year.
-Revenue: $1.411 Bln vs. $1.340 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.74 to $0.84
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