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Sonoco (SON) Soars 5.0%: Is Further Upside Left in the Stock?
SonocoSonoco(US:SON) ZACKS·2025-07-02 12:16

Company Overview - Sonoco's shares increased by 5% to close at $45.74, following a notable trading volume, contrasting with a 2.6% loss over the past four weeks [1] - The company is set to report its second quarter 2025 results on July 23, which has contributed to the recent stock rally [1] Financial Performance - In Q1 2025, Sonoco reported adjusted earnings per share of $1.38, marking a 23% improvement from the same quarter last year [2] - The company's net sales reached $1.71 billion in Q1 2025, reflecting a 31% year-over-year increase, driven by the Eviosys acquisition and growth in the EMEA region [2] Earnings Expectations - For the upcoming quarterly report, Sonoco is expected to post earnings of $1.46 per share, indicating a year-over-year growth of 14.1% [3] - Revenue projections for the next quarter are set at $1.9 billion, which represents a 17% increase compared to the previous year [3] Market Sentiment - The consensus EPS estimate for Sonoco has remained stable over the last 30 days, suggesting that stock price movements may not continue without changes in earnings estimate revisions [4] - Sonoco currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [5]