Silgan (US:SLGN) ZACKS·2025-10-31 19:22Core Insights - Silgan Holdings Inc. reported adjusted earnings of $1.22 per share for Q3 2025, surpassing the Zacks Consensus Estimate of $1.21, with a year-over-year increase of 1% [1][10] - Total revenues rose to $2.01 billion from $1.75 billion in the prior-year quarter, exceeding the Zacks Consensus Estimate of $1.93 billion [2][10] - The company lowered its 2025 adjusted earnings per share guidance to $3.66-$3.76 from $3.85-$4.05 due to anticipated lower volumes [8][10] Financial Performance - The cost of goods sold increased by 15.8% year over year to $1.68 billion, while gross profit rose by 11.6% to $327 million, resulting in a gross margin of 16.3% compared to 16.8% in the prior-year quarter [3] - Selling, general and administrative expenses were $122 million, up 14.8% year over year, with adjusted operating income at $221 million, compared to $206 million in the prior-year quarter, leading to an operating margin of 11% [4] Segment Performance - Revenues in the Dispensing and Specialty Closures segment increased by 22.5% year over year to $690 million, driven by the Weener acquisition, despite a decline in North American beverage market volumes [5] - The Metal Containers segment saw revenues improve by 13.3% year over year to $1.16 billion, while adjusted EBITDA decreased by 1% to $116 million [6] - In the Custom Containers segment, revenues were $160 million, slightly up from $159 million in the previous year, with adjusted EBITDA increasing to $32 million from $29 million [6] Cash Flow and Position - At the end of Q3 2025, the company had cash and cash equivalents of $389 million, down from $823 million at the end of 2024, with cash used in operating activities amounting to $564 million [7] Stock Performance - Silgan Holdings' shares have declined by 24.9% over the past year, compared to an 11.9% decline in the industry [9]