Earnings Alerts

Sonoco Products Co (SON) Earnings: Q2 Net Sales Hit $1.91B, Matching Estimates Amid Solid Consumer Packaging Performance

  • Sonoco’s net sales for the second quarter are reported at $1.91 billion, aligning with market estimates.
  • Consumer Packaging net sales reached $1.23 billion.
  • Industrial Paper Packaging reported net sales of $588.2 million.
  • Additional segments contributed $95 million to net sales.
  • The adjusted operating profit stood at $247 million, surpassing the estimate of $241.6 million.
  • Consumer Packaging operating profit was reported at $160.4 million.
  • Industrial Packaging saw an operating profit of $81.2 million.
  • Other operating profits amounted to $13 million.
  • Adjusted earnings per share (EPS) came in at $1.37, slightly below the anticipated $1.45.
  • Analysts’ recommendations include 9 buys, 3 holds, and no sells.

Sonoco Products Co on Smartkarma

Analyst coverage of Sonoco Products Co on Smartkarma reveals valuable insights from Baptista Research. In the report titled “Sonoco Products Company Is Capitalizing On Favorable Price-Cost Dynamics—Is Margin Expansion To Be Expected In The Coming Years?”, analysts delve into the company’s recent first-quarter earnings call for 2025. Sonoco’s financial performance showcased robust growth attributed to strategic acquisitions and divestitures amidst global economic challenges, hinting at a promising future.

Another report by Baptista Research, titled “Sonoco Products Company: Eviosys Acquisition to Foster A Robust & Balanced Global Footprint!”, discusses Sonoco’s financial performance and strategic initiatives in the fourth quarter of 2024. The report highlights Sonoco’s strategic positioning as a leader in sustainable metal packaging through key acquisitions and divestitures. The acquisition of Eviosys, a European manufacturer of food cans, ends, and closures, is expected to drive synergy values and strengthen Sonoco’s metal packaging segment, offering both opportunities and challenges for the company.


A look at Sonoco Products Co Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

With a strong Growth score of 5, Sonoco Products Co is positioned favorably for long-term expansion and increasing market presence. This indicates a positive outlook for the company’s future growth potential and ability to capture new opportunities in the packaging industry.

However, Sonoco Products Co‘s Resilience score of 2 suggests a potential vulnerability to market fluctuations and disruptions. While the company may have growth prospects, investors should consider its ability to weather economic challenges and maintain stability over the long term.

### Sonoco Products Company manufactures industrial and consumer packaging solutions for customers around the world. The Company’s products include flexible packaging, high density film products, and folding cartons. Sonoco Products also has an integrated network of global technology centers focused on materials science, packaging engineering, and process improvement. ###


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