Company Performance - Sonoco reported quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.18 per share, but showing an increase from $1.02 per share a year ago, representing an earnings surprise of -0.85% [1] - The company posted revenues of $1.36 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 22.13%, and down from $1.64 billion year-over-year [2] - Over the last four quarters, Sonoco has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Outlook - Sonoco shares have underperformed the market, losing about 2.2% since the beginning of the year compared to the S&P 500's gain of 4% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.37 on $2.11 billion in revenues for the coming quarter and $6.25 on $8.51 billion in revenues for the current fiscal year [7] Industry Context - The Containers - Paper and Packaging industry, to which Sonoco belongs, is currently in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact Sonoco's stock performance [5][8]

HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-ye ...

Investors looking for stocks in the Containers - Paper and Packaging sector might want to consider either Sonoco (SON) or Graphic Packaging (GPK) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets compa ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

HARTSVILLE, S.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that Scott A. Clark has been elected to its Board of Directors. Clark is an independent member of the Sonoco board and will stand for election at the Company’s next scheduled Annual General Meeting. Clark, 59, is a 28-year executive of Michelin where he most recently served as Executive Vice President and Member of Michelin ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Sonoco (SON) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 18, 2025, might help the stock move higher if these key numbers are better than expec ...

HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco") (NYSE:SON), a global leader in high-value sustainable packaging, has received pre-qualification to carry the How2Recycle® ‘Check Locally' label for its EnviroCan® Metal Bottom rigid paper container. The EnviroCan paper container body is made of 100% recycled fiber, 90% of which comes from post-consumer resources, a design that balances responsible materials sourcing with product and food safety. The metal bottom end is ma ...

HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), a global leader in high-value sustainable packaging, will announce fourth quarter 2024 results on Tuesday, February 18, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations websit ...

HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco”) (NYSE: SON), a global leader in high-value sustainable packaging, has received pre-qualification to carry the How2Recycle® ‘Check Locally’ label for its EnviroCan® Metal Bottom rigid paper container. The EnviroCan paper container body is made of 100% recycled fiber, 90% of which comes from post-consumer resources, a design that balances responsible materials sourcing with product and food safety. The metal bottom end is m ...

Investors interested in Containers - Paper and Packaging stocks are likely familiar with Sonoco (SON) and Packaging Corp. (PKG) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings ...