earnings
confidence high
sentiment positive
materiality 0.75
Silgan reports record FY2022 adj. EPS $3.98 (+17% YoY); guides FY2023 adj. EPS $3.95-$4.15
SILGAN HOLDINGS INC
2022-FY EPS reported
$3.07
revenue$6,411,499,000
- FY2022 net sales $6.41B (+12.9% YoY); GAAP EPS $3.07 (incl. Russia write-off); record adj. EPS $3.98 (+17%).
- Q4 adj. EPS $0.84 (record, +6% YoY); GAAP EPS $0.22 due to $73.8M Russia charge.
- FY2023 adj. EPS guidance $3.95-$4.15; expects organic volume growth; free cash flow ~$425M.
- Dispensing & Specialty Closures segment income record $323M, +23%; Metal Containers down on $73.1M rationalization charge.
- Cash from operations $748.4M; free cash flow $368.2M; expects improvement in 2023.