Silgan Holdings (SLGN) Misses Q3 EPS by 3c, Updates Guidance

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Silgan Announces Third Quarter Earnings and Raises Estimate of Cash Generation; Anticipates Continued Growth In 2022

October 27, 2021 7:15 AM EDT

Highlights

Net income of $0.96 per diluted share Adjusted net income of $1.02 per diluted share Achieved record third quarter volume in Dispensing and Specialty Closures Achieved highest ever volumes in Metal Containers Increased free cash flow guidance to $450 million, or $4.05 per diluted share Completed the acquisitions of Gateway and Unicep to further expand Dispensing and Specialty Closures Completed the acquisition of Easytech, a European metal ends business, on October 1, 2021

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (Nasdaq:... More