Silgan Beats Q2 Estimates, Reaffirms 2026 Guidance

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Silgan Holdings reported second-quarter 2026 adjusted earnings of 98 cents per share, beating the Zacks Consensus Estimate of 96 cents by 2.08%, though the bottom line declined 3% from $1.01 in the year-ago quarter. Net revenues increased 6.8% year over year to $1.64 billion, surpassing the consensus estimate of $1.62 billion, driven by higher raw-material cost pass-throughs and strong growth in fragrance dispensing products and pet food metal containers. The company reaffirmed its 2026 adjusted earnings guidance of $3.73-$3.93 per share, with the midpoint implying 3% growth from 2025, and maintained its free cash flow forecast of $450 million and capital expenditure estimate of $310 million. For the third quarter, Silgan expects adjusted earnings of $1.21-$1.31 per share, compared with $1.22 in the prior-year period. Shares have risen 1.9% since the earnings report, underperforming the S&P 500, and estimates have trended downward over the past month, with the stock carrying a Zacks Rank #3 (Hold).

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Silgan Holdings Inc
SLGN
▲ PositiveCapitalrelevance

Beat Q2 estimates and reaffirmed 2026 guidance, indicating solid financial performance.

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