STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Silgan Holdings Inc. (SLGN) on Wednesday reported third-quarter profit of $100.1 million.
The Stamford, Connecticut-based company said it had profit of 93 cents per share. Earnings, adjusted for one-time gains and costs, were $1.21 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The packaging products supplier posted revenue of $1.75 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $1.84 billion.
Silgan expects full-year earnings in the range of $3.55 to $3.75 per share.
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