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Sonoco Products Earnings Estimate

SON Stock  USD 57.64  1.00  1.77%   
The next projected EPS of Sonoco Products is estimated to be 1.05 with future projections ranging from a low of 0.91 to a high of 1.12. Sonoco Products' most recent 12-month trailing earnings per share (EPS TTM) is at 4.8. Please be aware that the consensus of earnings estimates for Sonoco Products is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Sonoco Products is projected to generate 1.05 in earnings per share on the 31st of March 2024. Sonoco Products earnings estimates module stress-tests analyst consensus about projected Sonoco Products EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Sonoco Products, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Sonoco Products' earnings estimates, investors can diagnose different trends across Sonoco Products' analyst sentiment over time as well as compare current estimates against different timeframes. As of the 28th of March 2024, Gross Profit Margin is likely to grow to 0.24, while Gross Profit is likely to drop about 798.9 M.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Sonoco Products Earnings Estimation Breakdown

The calculation of Sonoco Products' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Sonoco Products is estimated to be 1.05 with the future projection ranging from a low of 0.91 to a high of 1.12. Please be aware that this consensus of annual earnings estimates for Sonoco Products is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.02
0.91
Lowest
Expected EPS
1.05
1.12
Highest

Sonoco Products Earnings Projection Consensus

Suppose the current estimates of Sonoco Products' value are higher than the current market price of the Sonoco Products stock. In this case, investors may conclude that Sonoco Products is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Sonoco Products' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
1191.59%
1.02
1.05
4.8

Sonoco Products Earnings History

Earnings estimate consensus by Sonoco Products analysts from Wall Street is used by the market to judge Sonoco Products' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Sonoco Products' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Sonoco Products Quarterly Gross Profit

339.65 Million

At this time, Sonoco Products' Retained Earnings are very stable compared to the past year. As of the 28th of March 2024, Price Earnings To Growth Ratio is likely to grow to 14.54, while Retained Earnings Total Equity is likely to drop about 2 B. As of the 28th of March 2024, Common Stock Shares Outstanding is likely to grow to about 110.4 M. Also, Net Income Applicable To Common Shares is likely to grow to about 563.2 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonoco Products' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.5157.6058.69
Details
Intrinsic
Valuation
LowRealHigh
51.8859.4760.56
Details
Naive
Forecast
LowNextHigh
55.9257.0158.10
Details
7 Analysts
Consensus
LowTargetHigh
56.0661.6068.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sonoco Products. Your research has to be compared to or analyzed against Sonoco Products' peers to derive any actionable benefits. When done correctly, Sonoco Products' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sonoco Products. Note that many institutional investors and large investment bankers can move markets due to the volume of Sonoco assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Sonoco Products. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Sonoco Products' stock price in the short term.

Sonoco Products Earnings per Share Projection vs Actual

Actual Earning per Share of Sonoco Products refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Sonoco Products predict the company's earnings will be in the future. The higher the earnings per share of Sonoco Products, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Sonoco Products Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Sonoco Products, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Sonoco Products should always be considered in relation to other companies to make a more educated investment decision.

Sonoco Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Sonoco Products' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-15
2023-12-311.041.02-0.02
2023-11-01
2023-09-301.231.460.2318 
2023-07-31
2023-06-301.481.38-0.1
2023-05-01
2023-03-311.321.40.08
2023-02-08
2022-12-311.211.270.06
2022-10-31
2022-09-301.371.60.2316 
2022-07-21
2022-06-301.61.760.1610 
2022-04-21
2022-03-311.721.850.13
2022-02-10
2021-12-310.890.90.01
2021-10-21
2021-09-300.890.910.02
2021-07-22
2021-06-300.860.84-0.02
2021-04-22
2021-03-310.850.90.05
2021-02-11
2020-12-310.770.820.05
2020-10-22
2020-09-300.820.860.04
2020-07-16
2020-06-300.770.790.02
2020-04-16
2020-03-310.830.940.1113 
2020-02-13
2019-12-310.750.750.0
2019-10-17
2019-09-300.90.970.07
2019-07-18
2019-06-300.970.95-0.02
2019-04-18
2019-03-310.80.850.05
2019-02-14
2018-12-310.810.840.03
2018-10-18
2018-09-300.810.860.05
2018-07-19
2018-06-300.860.930.07
2018-04-19
2018-03-310.720.740.02
2018-02-15
2017-12-310.730.72-0.01
2017-10-19
2017-09-300.740.760.02
2017-07-20
2017-06-300.710.710.0
2017-04-20
2017-03-310.560.590.03
2017-02-09
2016-12-310.630.62-0.01
2016-10-20
2016-09-300.680.720.04
2016-07-21
2016-06-300.680.730.05
2016-04-21
2016-03-310.60.650.05
2016-02-11
2015-12-310.620.640.02
2015-10-21
2015-09-300.670.65-0.02
2015-08-20
2015-06-300.670.680.01
2015-04-16
2015-03-310.580.56-0.02
2015-02-12
2014-12-310.640.660.02
2014-10-16
2014-09-300.680.720.04
2014-07-17
2014-06-300.650.63-0.02
2014-04-17
2014-03-310.510.520.01
2014-02-13
2013-12-310.580.580.0
2013-10-17
2013-09-300.610.630.02
2013-07-18
2013-06-300.580.590.01
2013-04-18
2013-03-310.530.5-0.03
2013-02-13
2012-12-310.540.560.02
2012-10-18
2012-09-300.520.550.03
2012-07-19
2012-06-300.580.580.0
2012-04-19
2012-03-310.480.520.04
2012-02-09
2011-12-310.460.460.0
2011-10-18
2011-09-300.630.660.03
2011-07-21
2011-06-300.630.6-0.03
2011-04-21
2011-03-310.570.570.0
2011-02-09
2010-12-310.580.590.01
2010-10-21
2010-09-300.650.650.0
2010-07-22
2010-06-300.560.590.03
2010-04-22
2010-03-310.430.50.0716 
2010-02-10
2009-12-310.50.580.0816 
2009-10-22
2009-09-300.460.50.04
2009-07-16
2009-06-300.360.410.0513 
2009-04-16
2009-03-310.30.29-0.01
2009-02-05
2008-12-310.490.490.0
2008-10-16
2008-09-300.640.6-0.04
2008-07-17
2008-06-300.60.620.02
2008-04-17
2008-03-310.510.540.03
2008-02-06
2007-12-310.540.620.0814 
2007-10-19
2007-09-300.560.640.0814 
2007-07-20
2007-06-300.590.56-0.03
2007-04-20
2007-03-310.490.570.0816 
2007-02-07
2006-12-310.550.560.01
2006-10-18
2006-09-300.560.610.05
2006-07-19
2006-06-300.470.510.04
2006-04-19
2006-03-310.450.460.01
2006-02-01
2005-12-310.480.580.120 
2005-10-19
2005-09-300.450.480.03
2005-07-20
2005-06-300.430.450.02
2005-04-20
2005-03-310.390.40.01
2005-02-02
2004-12-310.410.430.02
2004-10-20
2004-09-300.420.440.02
2004-07-21
2004-06-300.360.390.03
2004-04-21
2004-03-310.330.330.0
2004-01-28
2003-12-310.310.370.0619 
2003-10-17
2003-09-300.320.3-0.02
2003-07-16
2003-06-300.340.32-0.02
2003-04-16
2003-03-310.310.310.0
2003-01-29
2002-12-310.370.380.01
2002-10-16
2002-09-300.330.340.01
2002-07-17
2002-06-300.410.4-0.01
2002-04-17
2002-03-310.360.360.0
2002-01-30
2001-12-310.40.38-0.02
2001-10-17
2001-09-300.410.410.0
2001-07-18
2001-06-300.380.380.0
2001-04-18
2001-03-310.370.370.0
2001-01-31
2000-12-310.440.470.03
2000-10-18
2000-09-300.430.42-0.01
2000-07-19
2000-06-300.480.47-0.01
2000-04-19
2000-03-310.450.450.0
2000-01-26
1999-12-310.490.50.01
1999-10-20
1999-09-300.440.440.0
1999-07-21
1999-06-300.460.460.0
1999-04-21
1999-03-310.450.39-0.0613 
1999-01-27
1998-12-310.440.440.0
1998-10-14
1998-09-300.390.390.0
1998-07-15
1998-06-300.450.450.0
1998-04-15
1998-03-310.430.440.01
1998-01-28
1997-12-310.440.450.01
1997-10-15
1997-09-300.390.38-0.01
1997-07-16
1997-06-300.420.430.01
1997-04-16
1997-03-310.380.390.01
1997-01-29
1996-12-310.380.380.0
1996-10-16
1996-09-300.390.37-0.02
1996-07-17
1996-06-300.420.430.01
1996-04-17
1996-03-310.390.390.0
1996-01-30
1995-12-310.380.380.0
1995-10-17
1995-09-300.390.37-0.02

About Sonoco Products Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Sonoco Products earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Sonoco Products estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Sonoco Products fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings2.6 B2.8 B
Retained Earnings Total Equity2.4 BB
Price Earnings Ratio 11.56  10.98 
Price Earnings To Growth Ratio 13.85  14.54 

Currently Active Assets on Macroaxis

When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Sonoco Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
2.02
Earnings Share
4.8
Revenue Per Share
68.99
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.