Sonoco (SON) Tops Q4 EPS by 2c

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Go back to Sonoco (SON) Tops Q4 EPS by 2c

Sonoco Reports Fourth-Quarter and Full-Year 2021 Results

February 10, 2022 6:45 AM EST

HARTSVILLE, S.C., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its fourth quarter and full year, both ending December 31, 2021.

Fourth-Quarter and Full-Year Highlights

Fourth-quarter 2021 net sales were $1.44 billion, up from $1.38 billion in 2020. Full-year 2021 net sales were $5.59 billion, compared to $5.24 billion in 2020.Fourth-quarter 2021 GAAP earnings per diluted share was $0.66, compared with a GAAP loss per diluted share of $(0.12) in 2020. The full-year 2021 GAAP loss per diluted share was $(0.86), compared to GAAP earnings per diluted share of $2.05 in... More