Silgan Holdings (SLGN) Surpasses Q1 Earnings Estimates

Core Insights - Silgan Holdings (SLGN) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and up from $0.69 per share a year ago, representing an earnings surprise of 5.13% [1] - The company posted revenues of $1.47 billion for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.29%, but up from $1.32 billion year-over-year [2] - Silgan has surpassed consensus EPS estimates three times over the last four quarters, while it has topped consensus revenue estimates only once in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.04 on revenues of $1.53 billion, and for the current fiscal year, it is $4.09 on revenues of $6.41 billion [7] - The estimate revisions trend for Silgan is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Containers - Metal and Glass industry, to which Silgan belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]