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Stock impact report

Silgan Announces Second Quarter Earnings and Confirms Full Year Earnings Outlook

Silgan Holdings Inc. (SLGN) 
Last silgan holdings inc. earnings: 4/22 07:15 am Check Earnings Report
Company Research Source: Business Wire
HighlightsNet income per share of $0.28Record adjusted net income per share of $0.55Metal container volumes increased approximately 6 percentAnnounced metal container footprint optimization planAnnounced redemption of all outstanding 5 1/2% Senior Notes STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, today reported second quarter 2019 net income of $31.0 million, or $0.28 per diluted share, as compared to second quarter 2018 net income of $55.3 million, or $0.50 per diluted share.“We reported record adjusted net income per diluted share of $0.55, an increase of approximately six percent over our record second quarter last year,” said Tony Allott, Chairman and CEO. “The increase in adjusted net income per diluted share was due in large part to volume increases of approximately six percent in the metal container business primarily as a result of higher volumes to a seasonal customer that had been Show less Read more
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