09:31 AM EDT, 07/31/2024 (MT Newswires) -- Silgan Holdings ( SLGN ) reported Q2 adjusted net income Wednesday of $0.88 per diluted share, up from $0.83 a year earlier.

Analysts polled by Capital IQ expected $0.88.

Net sales for the quarter ended June 30 were $1.38 billion, down from $1.43 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.43 billion.

Silgan ( SLGN ) said it expects Q3 adjusted net income of $1.20 to $1.30 per diluted share. Analysts polled by Capital IQ expect $1.27.

The packaging company said it continues to expect 2024 adjusted net income of $3.55 to $3.75 per diluted share. Analysts surveyed by Capital IQ expect $3.65.

Price: 48.50, Change: -0.24, Percent Change: -0.49