Silgan Hldgs Earnings Preview

Silgan Hldgs (NYSE:SLGN) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Silgan Hldgs will report an earnings per share (EPS) of $1.25.

Anticipation surrounds Silgan Hldgs's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

The company's EPS beat by $0.02 in the last quarter, leading to a 2.45% increase in the share price on the following day.

Here's a look at Silgan Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.86

0.66

0.58

1.12

EPS Actual

0.88

0.69

0.63

1.16

Price Change %

2.0%

1.0%

1.0%

3.0%

Stock Performance

Shares of Silgan Hldgs were trading at $51.16 as of October 28. Over the last 52-week period, shares are up 24.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Silgan Hldgs

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Silgan Hldgs.

A total of 6 analyst ratings have been ...