Sonoco (SON) Raises First-Quarter 2023 Financial Guidance

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Sonoco Raises First-Quarter 2023 Financial Guidance

March 21, 2023 4:10 PM EDT

HARTSVILLE, S.C., March 21, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a diversified global packaging leader, today provided updated first-quarter 2023 earnings guidance and announced its earnings release date and investor conference call information.

Sonoco Provides First-Quarter 2023 Financial Update Based on year-to-date results and an updated forecast for the remainder of the first quarter, Sonoco expects first-quarter 2023 base (adjusted) earnings to be in the range of $1.30 to $1.40 per diluted share, which is above the Companys previously communicated guidance range of $1.15 to $1.25 per diluted share. (See base... More