Sonoco Reports Third Quarter 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Dow tick higher as investors weigh Mideast negotiations
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
UPDATE: Sonoco (SON) Tops Q3 EPS by 4c, Revenues Miss; Updates FY18 EPS Guidance, Boosts FY18 Op. Cash Flow & FCF Guidance
October 18, 2018 6:48 AM EDT(Updated - October 18, 2018 6:49 AM EDT)
Sonoco (NYSE: SON) reported Q3 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.38 billion.
Third Quarter Highlights
Third-quarter 2018 GAAP earnings per diluted share were $0.72, compared with $0.72 in 2017.Third-quarter 2018 GAAP earnings included after-tax restructuring and asset impairment charges of $15.0 million related to exiting a packaging center contract; plant closures; and non-base tax-related gains. In the third quarter of 2017, GAAP results included $3.8 million, after tax, in acquisition-related expenses and non-base tax-related charges.Base... More