Benzinga | Oct 22, 2020 06:48AM EDT

Sonoco Products Q3 EPS $0.86 Beats $0.82 Estimate, Sales $1.31B Miss $1.32B Estimate

Sonoco Products (NYSE:SON) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.82 by 4.88 percent. This is a 11.34 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $1.31 billion which missed the analyst consensus estimate of $1.32 billion by 0.76 percent. This is a 3.25 percent decrease over sales of $1.35 billion the same period last year.