Sonoco (SON) Tops Q4 EPS by 5c, Offers Guidance

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Go back to Sonoco (SON) Tops Q4 EPS by 5c, Offers Guidance

Sonoco Reports Fourth-Quarter and Full-Year 2020 Results

February 11, 2021 6:45 AM EST

Provides 2021 Base EPS and Cash Flow Guidance

HARTSVILLE, S.C., Feb. 11, 2021 (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, 2020.

Fourth-Quarter and Full-Year Highlights

Fourth-quarter 2020 GAAP loss per diluted share was $(0.12), compared with GAAP earnings per diluted share of $0.44 in 2019. Full-year 2020 GAAP earnings per diluted share were $2.05, compared to $2.88 in 2019.2020 fourth-quarter results include net after-tax charges of $0.94 per diluted share. The... More