Sonoco (SON) Misses Q1 EPS by 2c

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Sonoco Reports First Quarter 2015 Results

April 16, 2015 7:30 AM EDT

HARTSVILLE, S.C., April 16, 2015 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending March 29, 2015.

First Quarter Highlights

First quarter 2015 GAAP earnings per diluted share were $.86, compared with $.50 in 2014. Favorable disposition of a significant portion of Fox River-related environmental claims/litigation together with a gain on the sale of two metal ends and closures plants, partially offset by costs related to acquisition and restructuring activities, added $.30 to first quarter diluted earnings per share. First quarter 2014 GAAP... More

Sonoco Reports First Quarter 2015 Results

April 16, 2015 7:30 AM EDT

HARTSVILLE, S.C., April 16, 2015 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending March 29, 2015.

First Quarter Highlights

First quarter 2015 GAAP earnings per diluted share were $.86, compared with $.50 in 2014. Favorable disposition of a significant portion of Fox River-related environmental claims/litigation together with a gain on the sale of two metal ends and closures plants, partially offset by costs related to acquisition and restructuring activities, added $.30 to first quarter diluted earnings per share. First quarter 2014 GAAP... More