STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Silgan Holdings Inc. (SLGN) on Wednesday reported second-quarter profit of $89 million.
The Stamford, Connecticut-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs, were $1.01 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The packaging products supplier posted revenue of $1.54 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.53 billion.
Silgan expects full-year earnings in the range of $4 to $4.20 per share.
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