Silgan Holdings Reports Strong Q4 Earnings, Exceeding Expectations
Silgan Holdings Inc. (SLGN) announced its fourth-quarter financial results on Wednesday.
Key Highlights:
* Net income: $45.1 million
* Earnings per share: 42 cents
* Adjusted earnings per share: 85 cents
* Revenue: $1.41 billion
Surpassing Wall Street Estimates:
* Analysts' consensus forecast: Earnings per share of 82 cents
* Revenue estimate: $1.39 billion
Annual Performance:
* Net income: $276.4 million
* Earnings per share: $2.58
* Revenue: $5.85 billion
Q1 Outlook:
* Earnings per share: 74-84 cents (estimated)
Full-Year Outlook:
* Earnings per share: $4.00-$4.20 (estimated)