Sonoco (SON) Tops Q1 EPS by 13c; Guides Above
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Sonoco Reports Record First Quarter 2022 Results
April 21, 2022 6:45 AM EDTHARTSVILLE, S.C., April 21, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its first quarter ended April 3, 2022.
First Quarter Highlights
First quarter 2022 net sales were a record $1.77 billion, compared with $1.35 billion in the same period in 2021.First quarter 2022 GAAP earnings per diluted share were $1.17, compared with $0.71 in the same period in 2021.First quarter 2022 GAAP earnings include net after-tax, non-base charges totaling $67.4 million, or $0.68 per diluted share. These charges largely relate to the... More