Silgan Holdings shares fall as Q1 earnings miss estimates

Published 30/04/2025, 13:04
Silgan Holdings shares fall as Q1 earnings miss estimates

STAMFORD, Conn. - Silgan Holdings Inc. (NYSE:SLGN) reported first quarter 2025 earnings that fell short of analyst expectations on Wednesday.

The company’s shares were down -4.80% in premarket trading following the release.

The packaging company posted adjusted earnings per share of $0.82 for the quarter, missing the consensus estimate of $0.79. Revenue came in at $1.47 billion, in line with analyst projections.

Despite the earnings miss, Silgan reported organic volume growth across all segments. The company’s Dispensing and Specialty Closures business delivered its fourth consecutive quarter of double-digit volume growth in dispensing products.

"Our team delivered another quarter of record results with adjusted EPS growth of 19% that was near the high end of our expectation in the first quarter," said Adam Greenlee, President and CEO.

For the full year 2025, Silgan reaffirmed its outlook for adjusted earnings per share of $4.00 to $4.20, representing 13% growth at the midpoint compared to 2024. The company also confirmed its expectation for free cash flow of approximately $450 million in 2025, a 15% increase from the prior year.

Silgan will hold a conference call to discuss the results later today.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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