Silgan Holdings Inc. reports results for the quarter ended September 30 - Earnings Summary

• Silgan Holdings Inc. SLGN.N reported quarterly adjusted earnings of $1.31​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of twelve analysts for the quarter was for earnings of $1.25 per share. Wall Street expected results to range from $1.22 to $1.28 per share.

• Revenue rose 1.6% to $2.04 billion from a year ago; analysts expected $2.10 billion.

• Silgan Holdings Inc.'s reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $105 million.

• Silgan Holdings Inc. shares had risen by 9.2% this quarter and lost 6.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

• Wall Street's median 12-month price target for Silgan Holdings Inc. is $50.50, about 24.9% above its last closing price of $37.93

This summary was machine generated from LSEG data October 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)