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Silgan Holdings (SLGN)
NYSE:SLGN
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.82Last Year’s EPS
0.63Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 3.93%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic growth through acquisitions and strong performance in key segments like dispensing and specialty closures. However, challenges in the metal containers segment and the impact of consumer behavior changes due to inflation were notable concerns.Company Guidance
During the third quarter of 2024 earnings call for Silgan Holdings, the company provided several key metrics and forward-looking guidance. The company highlighted strong volume trends across its segments, particularly in dispensing and specialty closures, which achieved record third-quarter adjusted EBIT with double-digit growth in global dispensing products. The acquisition of Weener Packaging was noted as a strategic move expected to drive organic growth, margin expansion, and financial accretion, contributing to significant earnings growth in 2025. Despite a challenging pack season resulting in historically low pack volumes, the company anticipates a recovery in the fruit and vegetable market next year. For 2024, the adjusted net income per diluted share is estimated to be between $3.55 and $3.65, a 6% increase from 2023. Silgan maintains its free cash flow estimate at approximately $375 million with CapEx at $255 million, reflecting confidence in their strategic initiatives and cost savings programs. The company expects double-digit EPS growth in 2025, aiming to meet or exceed its prior record of $4.01.Weener Packaging Acquisition
Approximately 4,000 new team members joined through the acquisition of Weener Packaging, expected to drive organic growth, margin expansion, and financial accretion.
Dispensing and Specialty Closures Performance
Record third quarter adjusted EBIT with record volume and double-digit growth in global dispensing products.
Custom Container Segment Growth
5% volume growth due to new business awards, with additional wins expected to benefit future performance.
Long-Term Contract Extension
Extended exclusive supply relationship with the largest customer in the metal containers segment.
2025 Growth Projections
Positioned for double-digit EPS growth in 2025, aiming to exceed the prior record for adjusted EPS of $4.01.
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SLGN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SLGN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $50.62 | $52.24 | +3.20% |
| Jul 31, 2024 | $48.40 | $51.07 | +5.52% |
| May 01, 2024 | $46.15 | $44.23 | -4.16% |
| Jan 31, 2024 | $42.98 | $45.24 | +5.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Silgan Holdings (SLGN) report earnings?
Silgan Holdings (SLGN) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Silgan Holdings (SLGN) earnings time?
Silgan Holdings (SLGN) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLGN EPS forecast?
SLGN EPS forecast for the fiscal quarter 2024 (Q4) is 0.82.
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