Silgan beats Q2 revenue, profit estimates on volume growth
SLGN•Outlook and key details
- Silgan sees full-year 2026 adj net income per diluted share at $3.73-$3.93
- Company expects 2026 free cash flow of about $450 mln
- Silgan estimates Q3 2026 adj net income per diluted share at $1.21-$1.31
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Beat | $1.64 bln | $1.62 bln (12 Analysts) |
| Q2 Adjusted EPS | Beat | $0.98 | $0.96 (12 Analysts) |
| Q2 Net Income | $75.80 mln | ||
| Q2 Basic EPS | $0.72 | ||
| Q2 Gross Profit | $294.90 mln | ||
| Q2 Pretax Profit | $103.90 mln |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the non-paper containers & packaging peer group is "buy"
- Wall Street's median 12-month price target for Silgan Holdings Inc is $55.00, about 14.6% above its July 28 closing price of $48.01
- The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago
