Sonoco (SON) Tops Q4 EPS by 3c, Revenues Miss; Offers Q1 & FY19 EPS Guidance

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Go back to Sonoco (SON) Tops Q4 EPS by 3c, Revenues Miss; Offers Q1 & FY19 EPS Guidance

Sonoco Reports Fourth-Quarter and Full-Year 2018 Results

February 14, 2019 6:45 AM EST

HARTSVILLE, S.C., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its fourth quarter and full year, both ending December 31, 2018.

Fourth-Quarter and Full-Year Highlights

Fourth-quarter 2018 GAAP earnings per diluted share were $0.77, compared with $0.06 in 2017. 2018 results include net after-tax charges of $0.07 per diluted share, related to restructuring activities, acquisitions, and certain other charges which were partially offset by non-base income tax benefits related to foreign tax credit valuation allowance releases and other non-base tax... More