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Silgan Q3 2023 Earnings Report

Silgan logo
$52.18 +0.26 (+0.50%)
(As of 12/20/2024 05:45 PM ET)

Silgan EPS Results

Actual EPS
$1.16
Consensus EPS
$1.14
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$1.27

Silgan Revenue Results

Actual Revenue
$1.80 billion
Expected Revenue
$1.95 billion
Beat/Miss
Missed by -$146.18 million
YoY Revenue Growth
-8.50%

Silgan Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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Silgan Earnings Headlines

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Plastics company to shutter plant, lay off workers
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About Silgan

Silgan (NYSE:SLGN), together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Custom Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care; food and beverage; household and industrial chemical; pharmaceutical; pet food and care; agricultural; automotive. This segment also provides thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products; and plastic closures, caps, sifters, and fitments, as well as thermoformed tubs for food, household, and personal care products. The company markets its products primarily through direct sales force, as well as through a network of distributors, and an online shopping catalog. The company was founded in 1987 and is headquartered in Stamford, Connecticut.

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