NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Silgan Holdings Inc. (SLGN) on Thursday reported third-quarter net income of $105 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had net income of 99 cents. Earnings, adjusted for non-recurring costs, were $1.31 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The packaging products supplier posted revenue of $2.04 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.07 billion.
For the current quarter ending in December, Silgan expects its per-share earnings to range from 76 cents to 86 cents.
The company expects full-year earnings in the range of $3.83 to $3.93 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLGN at https://www.zacks.com/ap/SLGN
