Sonoco Products Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 29, 2024
October 31, 2024 at 04:07 pm EDT
Sonoco Products Company reported earnings results for the third quarter and nine months ended September 29, 2024. For the third quarter, the company reported sales was USD 1,675.87 million compared to USD 1,710.42 million a year ago. Net income was USD 50.92 million compared to USD 130.75 million a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 1.32 a year ago.
For the nine months, sales was USD 4,936.89 million compared to USD 5,145.49 million a year ago. Net income was USD 206.91 million compared to USD 393.72 million a year ago. Diluted earnings per share from continuing operations was USD 2.09 compared to USD 3.98 a year ago.