Silgan Holdings gaps down after guidance cut, levels to watch The shares are down over 5.5% at time of writing after the company earlier today cut EPS guidance for its Q4 and fiscal year 2012, to a range of 43 cents to 53 cents and $2.65 to $2.75, respectively. At the current price of $42, next support is at $41.55. Resistance is at $42.57.
News For SLGN From The Last 14 Days
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Silgan Holdings sees FY14 adjusted EPS $3.10-$3.30, consensus $3.16 The company said that this FY14 EPS estimate represents an increase of 13.1%-20.4% over record adjusted net income per diluted share of $2.74 in the prior year.