Silga
Silgan Holdings (SLGN) got here out with quarterly earnings of $0.38 per share, in step with the Zacks Consensus Estimate. This compares to earnings of $0.38 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this packaging merchandise provider would put up earnings of $0.76 per share when it truly produced earnings of $0.76, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Silgan, which belongs to the Zacks Containers – Steel and Glass trade, posted revenues of $1.05 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.87%. This compares to year-ago revenues of $1.07 billion. The corporate has topped consensus income estimates 3 times over the past 4 quarters.
The sustainability of the inventory’s speedy worth motion primarily based on the recently-released numbers and…