09:15 AM EDT, 05/01/2024 (MT Newswires) -- Silgan Holdings ( SLGN ) reported Q1 adjusted earnings Wednesday of $0.69 per diluted share, down from $0.78 a year earlier.

Analysts polled by Capital IQ expected $0.66.

Net sales for the quarter ended March 31 were $1.32 billion, down from $1.42 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.37 billion.

For Q2, the company said it expects adjusted earnings of $0.82 to $0.92 per diluted share. Analysts polled by Capital IQ expect $0.88.

The company said it continues to expect 2024 adjusted earnings of $3.55 to $3.75 per diluted share. Analysts surveyed by Capital IQ expect $3.66.