Silgan Holdings Earnings Preview: Can This Streak Finally End?

Silgan Holdings (NASDAQ:SLGN) will report earnings before markets open on Wednesday, July 24th. Silgan Holdings Inc. and its subsidiaries manufacture consumer goods packaging products. The Company currently produces steel and aluminum containers for human and pet food, custom designed plastic containers for various markets, plastic closures and caps, thermoformed plastic tubs, and specialty packaging items. Silgan markets its products in North America.

Here is your Cheat Sheet to Silgan Holdings Earnings:

Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $865.39 million. Currently, the company’s P/E ratio stands at 23.22.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.35 to a profit $1.36. For the current year, the average estimate is a profit of $3.11, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Silgan Holdings has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,121 3,067 3,072 3,509 3,588
Diluted EPS ($) 1.72 2.07 1.89 2.75 2.17

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 821.60 1,139.50 858.80 795.70
Diluted EPS ($) 0.15 1.13 0.42 0.38

Past Performance:
Silgan Holdings has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)