A Preview Of Silgan Hldgs's Earnings

Silgan Holdings +0.37% Post

Silgan Holdings





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Silgan Hldgs (NYSE:SLGN) is set to give its latest quarterly earnings report on Wednesday, 2024-01-31. Here's what investors need to know before the announcement.

Analysts estimate that Silgan Hldgs will report an earnings per share (EPS) of $0.58.

Silgan Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.04, which was followed by a 2.57% increase in the share price the next day.

Here's a look at Silgan Hldgs's past performance and the resulting price change:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.12 0.89 0.77 0.82
EPS Actual 1.16 0.83 0.78 0.84
Price Change % 2.57% 1.17% -0.35% 3.88%

eps graph

Stock Performance

Shares of Silgan Hldgs were trading at $43.54 as of January 29. Over the last 52-week period, shares are down 19.34%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Silgan Hldgs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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