Sonoco Reports First Quarter 2024 Results
Sonoco Products Company (SON)
Last sonoco products company earnings: 4/16 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.sonoco.com/investor-relations-0
Company Research
Source: GlobeNewswire
HARTSVILLE, S.C., April 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its first quarter ended March 31, 2024. Summary: Generated $166 million of operating cash flow and $80 million of Free Cash FlowAchieved net income attributable to Sonoco of $65 million, Adjusted EBITDA of $245 million, diluted earnings per share of $0.66 and diluted Adjusted earnings per share of $1.12; higher productivity of $51 million partially offset price/cost pressures and lower volumesCompleted the sale of Protective Solutions on April 1, 2024, as part of our strategy to simplify our portfolio and used the majority of the $82 million cash proceeds to pay down debtRevised Adjusted EPS and Adjusted EBITDA guidance to reflect the completed sale of Protective Solutions and reaffirmed operating cash flow guidanceIncreased the quarterly dividend on April 17
Show less
Read more
Impact Snapshot
Event Time:
SON
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SON alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SON alerts
High impacting Sonoco Products Company news events
Weekly update
A roundup of the hottest topics
SON
News
- Sonoco Announces Retirement of Diversified Business Leader [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Sonoco Announces Retirement of Diversified Business LeaderGlobeNewswire
- Sonoco ISCC PLUS Certification Promotes Flexible Packaging Circularity [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Sonoco ISCC PLUS Certification Promotes Flexible Packaging Circularity GlobeNewswire
- Consumer Electronics Packaging Market Size Projected to Surge $51.87 Billion Growth by 2033, Exhibit a CAGR of 10% [Yahoo! Finance]Yahoo! Finance
SON
Earnings
- 4/30/24 - Beat
SON
Sec Filings
- 5/7/24 - Form 8-K
- 5/2/24 - Form 4
- 5/1/24 - Form S-8
- SON's page on the SEC website