Silgan Announces Second Quarter Earnings and Confirms Full Year Earnings Outlook

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Go back to Silgan Announces Second Quarter Earnings and Confirms Full Year Earnings Outlook

Silgan Holdings (SLGN) Tops Q2 EPS by 1c, Revenues Beat; Offers Q3 & FY19 EPS Mid-Point Guidance Below Consensus

July 24, 2019 7:01 AM EDT

Silgan Holdings (NASDAQ: SLGN) reported Q2 EPS of $0.55, $0.01 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.08 billion.

Net income per share of $0.28Record adjusted net income per share of $0.55Metal container volumes increased approximately 6 percentAnnounced metal container footprint optimization planAnnounced redemption of all outstanding 5 1/2% Senior Notes

We reported record adjusted net income per diluted share of $0.55, an increase of approximately six percent over our record second quarter last year, said Tony Allott,... More