Sonoco Products Company revised Earnings Guidance for the Second Quarter of 2022. For the quarter, the company expects 2022 GAAP net income to be in a range of $1.27 to $1.37 per diluted share compared to a loss of ($3.34) per diluted share in the prior year quarter. expects second-quarter 2022 base net income to be in a range of $1.60 to $1.70 per diluted share, which at the mid-point is over 70% above second-quarter 2021 base net income of $0.93 per diluted share and over 30% above the Company's previously communicated second-quarter 2022 base net income guidance range of $1.20 to $1.30 per diluted share.
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+1.32% | 5.56B | |
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