Sonoco (SON) Declares $0.41 Quarterly Dividend; 3.1% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
Sonoco (SON) Tops Q2 EPS by 7c, Revenues Beats; Boosts FY18 EPS Guidance
July 19, 2018 6:49 AM EDTSonoco (NYSE: SON) reported Q2 EPS of $0.93, $0.07 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.34 billion.
Second Quarter Highlights
Second-quarter 2018 GAAP earnings per diluted share were $0.88, compared with $0.43 in 2017.Second-quarter 2018 GAAP earnings included after-tax charges of $4.4 million related to restructuring and acquisition-related expenses. In the second quarter of 2017, GAAP results included $28.7 million, after tax, in charges for lump-sum pension settlement distributions, restructuring-related activities and acquisition expenses.Base net income attributable to Sonoco (base earnings) for second quarter 2018 was $0.93 per diluted... More