Benzinga | Jul 22, 2020 07:37AM EDT

Silgan: Q2 Earnings Insights

Shares of Silgan Hldgs (NASDAQ:SLGN) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were up 54.55% over the past year to $0.85, which beat the estimate of $0.65.

Revenue of $1,176,500,000 rose by 7.64% from the same period last year, which beat the estimate of $1,120,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 22, 2020

Time: 11:00 AM

ET Webcast URL: https://silganholdingsinc.gcs-web.com/

Recent Stock Performance

52-week high: $35.94

52-week low: $24.64

Price action over last quarter: Up 4.78%

Company Profile

Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan is looking for more merger and acquisition opportunities in the European metal packaging market and in plastic packaging. Silgan's other business segments include plastic containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.