Earnings Preview: Sonoco (SON) Q2 Earnings Expected to Decline

Core Viewpoint - The upcoming earnings report for Sonoco is anticipated to show a year-over-year decline in earnings despite higher revenues, with the actual results being crucial for stock price movement [2][20]. Company Summary: Sonoco - The consensus revenue estimate for Sonoco is $1.74 billion, reflecting a 2.2% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 1.71% over the last 30 days, indicating a reassessment by analysts [3]. - Sonoco currently holds a Zacks Rank of 4, suggesting a less favorable outlook [6][17]. - The Most Accurate Estimate for Sonoco is the same as the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, complicating predictions for an earnings beat [16][17]. - In the last reported quarter, Sonoco exceeded EPS expectations by 3.70%, posting earnings of $1.12 per share against an expectation of $1.08 [7]. Industry Summary: AptarGroup - AptarGroup is expected to report earnings of $1.36 per share, indicating a year-over-year increase of 10.6%, with revenues projected at $925.42 million, up 3.3% from the previous year [21]. - The consensus EPS estimate for AptarGroup has remained unchanged, but a lower Most Accurate Estimate results in an Earnings ESP of -1.29% [9]. - AptarGroup has consistently beaten consensus EPS estimates in the last four quarters, although its current Zacks Rank is 3, indicating a hold position [22].