05:05 AM EDT, 08/01/2024 (MT Newswires) -- Sonoco Products ( SON ) reported Q2 adjusted earnings late Wednesday of $1.28 per diluted share, down from $1.38 a year earlier.

Analysts polled by Capital IQ expected $1.24.

Revenue for the quarter ended June 30 was $1.62 billion, compared with $1.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.69 billion.

For Q3, the company expects adjusted EPS of $1.40 to $1.60. Analysts polled by Capital IQ expect $1.46.

The company reaffirmed its full-year 2024 adjusted EPS of $5 to $5.30. Analysts polled by Capital IQ expect $5.08.

Price: 51.23, Change: -2.69, Percent Change: -4.99