Benzinga | Jul 27, 2021 11:13AM EDT

A Preview Of Silgan Holdings's Earnings

On Wednesday, July 28, Silgan Holdings (NASDAQ:SLGN) will release its latest earnings report. Benzinga's outlook for Silgan Holdings is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict Silgan Holdings will report earnings of $0.83 per share on revenue of $1.29 billion. Silgan Holdings reported a per-share profit of $0.85 when it published results during the same quarter last year. Sales in that period totaled $1.18 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Wednesday, earnings would be down 2.35%. Revenue would be up 9.65% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.70 0.53 0.95 0.65EPS Actual 0.75 0.60 1.04 0.85Revenue Estimate 1.20 B 1.18 B 1.48 B 1.12 BRevenue Actual 1.24 B 1.23 B 1.49 B 1.18 B

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Silgan Holdings were trading at $39.57 as of July 26. Over the last 52-week period, shares are up 2.69%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Silgan Holdings is scheduled to hold the call at 11:00:00 ET and can be accessed here.