earnings
confidence high
sentiment positive
materiality 0.75
Silgan Q3 adjusted EPS $1.21 beats prior year; narrows FY2024 guidance to $3.55-$3.65
SILGAN HOLDINGS INC
2024-Q3 EPS reported
$2.16
revenue$4,443,527,000
- Q3 net sales $1.75B (down 3% YoY); GAAP EPS $0.93, adjusted EPS $1.21 vs $1.16.
- Completed acquisition of Weener Packaging; renewed long-term contract with largest Metal Containers customer.
- Dispensing & Specialty Closures record adjusted EBIT $95.2M; double-digit volume growth in dispensing.
- Narrowed FY2024 adjusted EPS guidance to $3.55-$3.65 (midpoint up 6% YoY); Q4 guidance $0.78-$0.88.
- Free cash flow reaffirmed ~$375M; capex ~$255M.