Sonoco Reports First Quarter 2016 Results

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Sonoco (SON) Misses Q1 EPS by 1c

April 21, 2016 6:51 AM EDT

Sonoco (NYSE: SON) reported Q1 EPS of $0.59, $0.01 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion.

First quarter 2016 GAAP results included $.06 per diluted share, after tax, in asset impairment and restructuring... More