Silgan Holdings sees Q4 adjusted EPS 78c-88c, consensus 83c

For the fourth quarter of 2024, the company expects low single digit volume growth in the Dispensing and Specialty Closures and Custom Containers segments. Metal Containers volumes are expected to be below prior year levels due to the early end to the fruit and vegetable pack season in 2024 as compared to strong fruit and vegetable volumes in the fourth quarter of 2023. The company is providing an estimate of adjusted net income per diluted share for the fourth quarter of 2024 in the range of 78c-88c, a 32% increase at the midpoint of the range as compared to 63c in the fourth quarter of 2023.