Sonoco Products Company (SON)

Sonoco Products’ preliminary results for the third fiscal quarter of 2026 trailed consensus on both the top and bottom line when it reported on October 21, 2026, with revenue down year over year and adjusted EPS lower than last year. Revenue fell 4% to about $2.0 billion (from $2.131 billion a year ago) and came in at $2.042 billion versus the $2.073 billion estimate (-1.5%, trailed), alongside adjusted EPS of $1.67, down 13% from $1.92 a year ago, and $1.67 versus the $1.74 estimate (-4%, trailed). Profitability was reflected in gross profit of roughly $405 million, with gross margin near 20% in the quarter. The company generated operating cash flow of about $285 million and paid roughly $53 million in dividends. For the next period, consensus calls for EPS of $1.20 on revenue of $1.793 billion.