Vertical Group Downgrades Sonoco Products (SON) to Sell

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Sonoco (SON) Tops Q2 EPS by 5c; Boosts FY16 EPS Outlook

July 21, 2016 6:48 AM EDT

Sonoco (NYSE: SON) reported Q2 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.26 billion.

GUIDANCE:

Sonoco sees Q3 2016 EPS of $0.65-$0.70, versus the consensus of... More