Sonoco: Q4 Earnings Snapshot
News > Business News
Audio By Carbonatix
5:08 PM on Tuesday, February 18
The Associated Press
HARTSVILLE, S.C. (AP) — HARTSVILLE, S.C. (AP) — Sonoco Products Co. (SON) on Tuesday reported a loss of $43 million in its fourth quarter.
The Hartsville, South Carolina-based company said it had a loss of 44 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.17 per share.
The packaging maker posted revenue of $1.36 billion in the period.
For the year, the company reported profit of $163.9 million, or $1.65 per share. Revenue was reported as $5.31 billion.
Sonoco expects full-year earnings in the range of $6 to $6.20 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SON at https://www.zacks.com/ap/SON