NYSE$SON
Sonoco Products Co · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Sonoco reported strong third quarter results, exceeding guidance with increased net sales and operating profit, driven by strategic pricing and the Metal Packaging acquisition.
Sonoco's Q3 2022 results showed a 34% increase in net sales to $1.9 billion, driven by strategic pricing and the Sonoco Metal Packaging acquisition. GAAP operating profit increased by 44% to $182 million, and base EPS grew by 60% to $1.60. The company also increased its full-year 2022 base earnings guidance.
- Third-quarter results exceeded the high end of guidance.
- Announced the Skjern Paper acquisition to expand production capacity in Europe.
- Launched state-of-the-art uncoated recycled paperboard (URB) #10 machine in the Hartsville Mill Complex.
- Released updated Corporate Responsibility Report highlighting commitments to ESG initiatives.
Headline financials
Revenue & EPS history
Sonoco · Revenue · Quarterly
$1.89B
Revenue by segment
Sonoco · $1.69B total across 2 segments · Q3 2022
- Consumer Packaging$1.03B+72.1%60.9%
- Industrial Paper Packaging$661M+4.1%39.1%
Forward guidance
Sonoco projects Q4 2022 base EPS to be in the range of $1.20 to $1.30 and full year 2022 base EPS to be in the range of $6.40 to $6.50. Cash flow from operating activities is projected to be $565 to $615 million with free cash flow of $265 to $315 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.5%
Avg return
Earnings day
-1.3%
Avg return
5 days after
-0.7%
Avg return
30 days after
40%
27 / 68 earnings
Positive
+9.7%
Q4 2025
Best reaction
-12.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.6% | -0.6% | -2.5% | |
| Q4 2025 | +9.7% | +9.3% | +0.3% | |
| Q3 2025 | -0.2% | -3.2% | -1.1% | |
| Q1 2025 | -12.3% | -3.8% | -2.6% | |
| Q4 2024 | -3.7% | -3.2% | -3.0% | |
| Q3 2024 | -2.5% | -4.2% | -1.1% | |
| Q2 2024 | -1.0% | -6.8% | +6.4% | |
| Q1 2024 | -1.0% | -0.8% | +4.7% | |
| Q4 2023 | +2.8% | +0.0% | +2.4% | |
| Q3 2023 | +5.6% | +7.5% | +7.6% | |
| Q2 2023 | +1.4% | -2.1% | -1.1% | |
| Q1 2023 | -1.7% | -0.8% | -1.3% | |
| Q4 2022 | -0.3% | +0.4% | -6.6% | |
| Q3 2022 | -9.7% | -10.6% | -5.4% | |
| Q2 2022 | +3.9% | +5.3% | +8.9% | |
| Q1 2022 | -4.4% | -8.5% | -14.6% | |
| Q4 2021 | -2.0% | +0.4% | -2.7% | |
| Q3 2021 | -3.3% | -3.7% | -0.7% | |
| Q2 2021 | -5.1% | -4.1% | -1.6% | |
| Q1 2021 | +0.1% | -0.4% | +3.6% | |
| Q4 2020 | -2.8% | -3.0% | +2.5% | |
| Q3 2020 | -4.2% | -9.2% | +3.3% | |
| Q2 2020 | +2.1% | -0.1% | +2.9% | |
| Q1 2020 | +2.4% | -4.4% | -6.9% | |
| Q4 2019 | +0.0% | -0.1% | -17.2% | |
| Q3 2019 | -0.4% | +0.1% | +1.1% | |
| Q2 2019 | -4.5% | -5.0% | -10.8% | |
| Q1 2019 | -1.1% | +0.6% | +3.7% | |
| Q4 2018 | -3.1% | -1.3% | -2.7% | |
| Q3 2018 | +5.3% | +1.8% | +9.0% | |
| Q2 2018 | +6.5% | +5.2% | +4.8% | |
| Q1 2018 | +3.6% | +3.6% | +3.8% | |
| Q4 2017 | -1.8% | -3.3% | -5.3% | |
| Q3 2017 | +4.0% | +2.4% | +0.8% | |
| Q2 2017 | -6.9% | -6.7% | -8.8% | |
| Q1 2017 | +3.2% | +2.9% | -2.4% | |
| Q4 2016 | -3.2% | -2.1% | -2.1% | |
| Q3 2016 | -0.4% | -2.2% | +5.2% | |
| Q2 2016 | +1.0% | +1.8% | +1.8% | |
| Q1 2016 | -3.3% | — | — | |
| Q4 2015 | +1.0% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | -4.8% | — | — | |
| Q1 2015 | -2.5% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | +3.4% | — | — | |
| Q2 2014 | -1.8% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | -1.9% | — | — | |
| Q4 2012 | +0.7% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q3 2011 | +4.2% | — | — | |
| Q2 2011 | -6.8% | — | — | |
| Q1 2010 | -0.6% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2008 | -1.6% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q3 2009 | -0.8% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q4 2009 | -0.0% | — | — | |
| Q2 2009 | -0.0% | — | — | |
| Q2 2010 | -0.0% | — | — |
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