Packaging firm Sonoco exceeds Q2 earnings and revenue forecasts while reaffirming its full-year 2026 guidance range.
Sonoco reported Q2 non-GAAP earnings per share of $1.51, beating estimates by $0.03. Revenue reached $1.89 billion, $10 million above expectations, despite a 1% year-over-year decline.
The company maintained its full-year 2026 net sales guidance of $7.25 billion to $7.75 billion, matching prior projections. Adjusted EPS guidance for 2026 also remains unchanged, reflecting steady operational performance.
Shares showed limited movement in after-hours trading as investors digested the results.