Sonoco will release Q4 2024 results on February 18, 2025, followed by a conference call on February 19.
Quiver AI Summary
Sonoco Products Company will announce its fourth quarter 2024 results on February 18, 2025, after market close, followed by a conference call on February 19 at 8:30 a.m. Eastern Time to discuss the results. The call will be available via a live audio webcast on the Sonoco Investor Relations website, with a replay accessible for at least 30 days after the event. Interested participants must register in advance to receive dial-in details. Sonoco, a leading provider of sustainable packaging, generated approximately $6.8 billion in net sales in 2023 and employs around 22,000 people globally. For more information, visit their website or contact Roger Schrum.
Potential Positives
- Sonoco is announcing its fourth quarter and full year 2024 results, which indicates ongoing transparency and engagement with investors.
- The company's webcast and conference call provide an opportunity for real-time communication and interaction with analysts and investors, enhancing shareholder relations.
- Sonoco's recognition as one of America’s Most Responsible Companies by Newsweek highlights its commitment to sustainability and corporate responsibility, positively impacting its brand image.
- The company's revenue of approximately $6.8 billion in 2023 showcases its substantial market presence and operational scale in the sustainable packaging industry.
Potential Negatives
- Announcement of fourth quarter results implies scrutiny due to potential poor performance or missed expectations, particularly if the market is volatile at that time.
- The specific date for the earnings call suggests that stakeholders may face an extended wait for crucial financial information, which could lead to uncertainty in investment decisions.
- Hosting a call right after the market closes might indicate potential volatility and market reactions that could adversely affect stock performance.
FAQ
When will Sonoco announce its fourth quarter 2024 results?
Sonoco will announce its fourth quarter 2024 results on February 18, 2025, after the market closes.
What time is the earnings conference call for Sonoco?
The conference call to discuss Sonoco's earnings will be held on February 19, 2025, at 8:30 a.m. Eastern Time.
How can I access the Sonoco earnings webcast?
The live audio webcast can be accessed on the Sonoco Investor Relations website at https://investor.sonoco.com/.
Will there be a replay of the earnings call?
Yes, a webcast replay will be available on Sonoco's website for at least 30 days following the call.
How can analysts join the Sonoco conference call?
Analysts can register in advance at https://registrations.events/direct/Q4I122828 to receive their unique dial-in details and PIN.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SON Insider Trading Activity
$SON insiders have traded $SON stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $SON stock by insiders over the last 6 months:
- JOHN M FLORENCE (VP, Gnl Council, Secy, CHRO) sold 13,660 shares for an estimated $699,398
- ROBERT R JR HILL has made 0 purchases and 2 sales selling 4,000 shares for an estimated $191,819.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SON Hedge Fund Activity
We have seen 208 institutional investors add shares of $SON stock to their portfolio, and 253 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC removed 2,673,270 shares (-91.5%) from their portfolio in Q3 2024, for an estimated $146,040,740
- MILLENNIUM MANAGEMENT LLC added 1,663,890 shares (+1252.6%) to their portfolio in Q3 2024, for an estimated $90,898,310
- VICTORY CAPITAL MANAGEMENT INC removed 850,624 shares (-38.8%) from their portfolio in Q3 2024, for an estimated $46,469,589
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 489,461 shares (-52.4%) from their portfolio in Q3 2024, for an estimated $26,739,254
- NORDEA INVESTMENT MANAGEMENT AB added 437,128 shares (+63.2%) to their portfolio in Q4 2024, for an estimated $21,353,702
- DIMENSIONAL FUND ADVISORS LP added 372,247 shares (+14.1%) to their portfolio in Q3 2024, for an estimated $20,335,853
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 344,658 shares (+50.4%) to their portfolio in Q3 2024, for an estimated $18,828,666
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), a global leader in high-value sustainable packaging, will announce fourth quarter 2024 results on Tuesday, February 18, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time.
A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/ . A webcast replay will be available on the Company's website for at least 30 days following the call.
Event: |
Sonoco Fourth Quarter and Full Year 2024 Earnings Webcast
|
Time: | Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time |
Audience Dial-In: |
To listen via telephone, please register in advance at
https://registrations.events/direct/Q4I122828
Analysts and Participants will receive their unique dial in details with a PIN by email to join the conference call upon registration. |
Webcast Link: | https://events.q4inc.com/attendee/608285367 |
About Sonoco
Sonoco (NYSE: SON) is a global leader in high-value, sustainable packaging that serves some of the world’s best-known brands. Our portfolio is composed of leading products that serve large, attractive end markets for consumer and industrial packaging. Guided by our purpose of Better Packaging. Better Life™, we foster a culture of innovation, collaboration, and excellence to provide solutions that better serve all our stakeholders and support a sustainable future. With net sales of approximately $6.8 billion in 2023, Sonoco has approximately 22,000 employees working in more than 300 operations around the world. Sonoco was named one of America’s Most Responsible Companies by Newsweek. For more information on the Company, visit our website at
www.sonoco.com
.
Contact: Roger Schrum
843-339-6018
[email protected]