Sonoco Products (SON)
NYSE:SON
Want to see SON full AI Analyst Report?
Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.49Last Year’s EPS
1.37Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear operational and strategic progress against meaningful near‑term headwinds. Positives include disciplined pricing, procurement and productivity gains (Q1: $8M of profitability plan savings; annualized ~$32M), successful capacity investments (new Thailand paper can plant, reels capacity expansion) and continued shareholder returns (43rd consecutive dividend increase to $2.16). However, the company faced volume declines and demand variability driven by severe winter weather and geopolitical tensions, a one‑time $2M facility loss, Q1 adjusted EBITDA and segment EBITDA declines (~4% and ~7% in segments), a seasonal operating cash outflow of $368M and expected inflation of $8M–$10M in Q2. Management reiterated full‑year guidance and emphasized recovery levers, but also flagged EPS sensitivity and continuing uncertainty. Overall, positives (portfolio repositioning, pricing, procurement, early profitability savings and strategic investments) are balanced by near‑term operational and inflationary challenges.Company Guidance
Adjusted EPS and Earnings Performance
Adjusted EPS of $1.20 for Q1 2026, essentially flat year‑over‑year on a consistent continuing‑operations basis; results driven by productivity savings, pricing realization and early benefits from the 3‑year profitability performance plan.
Revenue Resilience After Portfolio Changes
Net sales from continuing operations were $1.7 billion (down 2% YoY); excluding the divested ThermoSafe business (which contributed $55M in Q1 2025), continuing‑operations sales increased ~1% year‑over‑year.
Profitability Program Off to a Solid Start
Launched 3‑year profitability performance plan delivered $8 million of savings in Q1 toward a $150M–$200M target, representing roughly $32M of annualized recurring savings already flowing to the P&L.
Adjusted EBITDA and Margin Management (Excluding Divestitures)
Adjusted EBITDA of $277 million for the quarter (down 4% YoY); on a consistent comparison basis (excluding ThermoSafe), adjusted EBITDA was essentially flat year‑over‑year, reflecting strong cost containment and pricing.
Successful Pricing Actions and Supply Responses
Implemented pricing increases (e.g., $70/ton URB in U.S., EUR80/ton in Europe) and reported early market traction (initial $60/ton U.S. URB increase reported), while leveraging global sourcing to mitigate input inflation.
Strategic Growth Investments and Volume Wins
Opened a new highly automated paper can plant in Nong Yai, Thailand expected to produce ~200 million units annually and contributed to a 6% lift in regional paper can volume in Q1; reels sales were up 13% in the quarter.
Targeted Capacity Additions
Investing $20 million to add an automated nailed wood reel line in Hartselle, AL to increase capacity by ~15% (expected online end of Q2) to serve growing wire & cable / power infrastructure demand.
Shareholder Returns and Balance Sheet Discipline
Board authorized 43rd consecutive annual dividend increase to $2.16 per share (≈3.8% yield); capital allocation priorities remain focused on investment, debt reduction and returning value to shareholders.
Favorable FX and Tax Benefits
Foreign exchange (primarily the euro) and a lower effective tax rate contributed positively to non‑operational results in Q1 and helped offset some headwinds.
Maintained Full‑Year Guidance
Company reiterated full‑year guidance: sales $7.25B–$7.75B, adjusted EBITDA $1.25B–$1.35B, adjusted EPS $5.80–$6.20 and operating cash flow $700M–$800M (includes $103M of Q1 tax payments).
SON 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
SON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $56.79 | $47.58 | -16.22% |
Feb 16, 2026 | $51.19 | $56.19 | +9.77% |
Oct 22, 2025 | $40.57 | $40.51 | -0.15% |
Jul 23, 2025 | $47.05 | $46.95 | -0.21% |
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.
FAQ
When does Sonoco Products (SON) report earnings?
Sonoco Products (SON) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is Sonoco Products (SON) earnings time?
Sonoco Products (SON) earnings time is at Jul 16, 2026, Before Open (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 SON EPS forecast?
SON EPS forecast for the fiscal quarter 2026 (Q2) is 1.49.