Sonoco Details 2016 Financial Targets and Strategic Priorities

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Sonoco (SON) Reaffirms FY15 EPS Outlok, Guides FY16 Base EPS Flat with Expectations

December 4, 2015 8:58 AM EST

Sonoco (NYSE: SON) President and Chief Executive Officer Jack Sanders and members of the Companys senior leadership team today provided the investment community in New York with an overview of the Companys financial outlook and strategic priorities.

Company Reaffirms 2015 Base EPS Guidance; Projecting Record 2016 Base EPS

Sonoco expects fourth quarter and full-year 2015 base earnings to be within its previously stated guidance of $.59 to $.64 and $2.46 to $2.51 per diluted share, respectively. (The Street is at $0.62 and $2.49, respectively.) Last year, the Company reported fourth quarter and full-year 2014 base earnings of $.61 and $2.41 per... More