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July 17, 2014
04:55 EDTSON, SONSonoco Products management to meet with Oppenheimer
Meeting to be held in the Midwest on July 24 hosted by Oppenheimer.
News For SON From The Last 14 Days
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July 21, 2014
16:07 EDTSONSonoco Protective Solutions increasing prices
Sonoco that Sonoco Protective Solutions will be increasing prices on its EPS molded foam products by an additional 6%, effective Aug. 1.
July 17, 2014
07:36 EDTSONSonoco sees 2014 EPS $2.43-$2.53, consensus $2.50
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07:35 EDTSONSonoco sees Q3 EPS 66c-70c, consensus 68c
07:35 EDTSONSonoco reports Q2 EPS 63c, consensus 66c
Reports Q2 revenue $1.25B, consensus $1.26B. The company said, "Our balanced portfolio of businesses achieved record quarterly consolidated sales and gross profits and grew base earnings 7 percent over the prior year quarter, hitting an all time best for a second quarter. However, we were somewhat disappointed that base earnings only reached the low end of our guidance as strong performances in our Paper and Industrial Converted Products and Display and Packaging segments were partially offset by lower than expected results in our Consumer Packaging and Protective Solutions segments. Overall in the quarter, the Company benefitted from improvements to manufacturing productivity, a favorable price/cost relationship, lower pension expense and acquisitions. Partially offsetting these gains were higher labor, maintenance and other operating costs while volume was virtually flat"."
06:26 EDTSONSonoco Products management to meet with Oppenheimer
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