Q1 25 EPS
$1.38
MISS 1.89%
Est. $1.41
Q1 25 Revenue
$1.71B
MISS 16.23%
Est. $2.04B
vs S&P Since Q1 25
-18.6%
TRAILING MARKET
SON +13.7% vs S&P +32.3%
Market Reaction
Did SON Beat Earnings? Q1 2025 Results
Sonoco Products delivered a mixed first quarter for 2025, posting record net sales of $1.71 billion, up 30.6% year over year, yet falling short of the $2.04 billion consensus estimate by 16.23%, while adjusted diluted EPS of $1.38 missed the $1.41 Wa… Read more Sonoco Products delivered a mixed first quarter for 2025, posting record net sales of $1.71 billion, up 30.6% year over year, yet falling short of the $2.04 billion consensus estimate by 16.23%, while adjusted diluted EPS of $1.38 missed the $1.41 Wall Street forecast by 1.89%. The headline growth story was almost entirely written by the December 2024 acquisition of Eviosys, now rebranded Sonoco Metal Packaging EMEA, which powered the Consumer Packaging segment to an 83% surge in net sales and helped lift adjusted EBITDA 38% to a record $338 million. On a GAAP basis, however, net income slipped 16.5% to $54.4 million, weighed down by acquisition-related amortization, integration costs, and elevated interest expense. The April 1 completion of the $1.80 billion TFP business sale to TOPPAN Holdings provided meaningful debt relief, pushing net leverage below 4.0x. Management reaffirmed full-year 2025 guidance for adjusted EPS of $6.00 to $6.20 and adjusted EBITDA of $1.30 billion to $1.40 billion, projecting roughly 20% adjusted net income growth for the year.
Key Takeaways
- • Full quarter contribution from Eviosys acquisition (Metal Packaging EMEA)
- • Approximately 10% organic volume/mix growth in Metal Packaging U.S.
- • $17 million in favorable productivity from procurement savings, production efficiencies, and fixed cost reduction initiatives
- • Favorable price/cost environment across both Consumer and Industrial segments
- • Consumer Packaging segment adjusted EBITDA margin expanded to 18% from 14% year over year
- • Industrial Paper Packaging adjusted EBITDA margin expanded approximately 200 basis points
SON YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
SON Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our first quarter results demonstrated the strength of the new Sonoco as our global team achieved record top-line and adjusted EBITDA performance, growing 31% and 38%, respectively, while adjusted earnings per share rose 23% despite higher-than-expected interest expense, taxes and the negative impact of currency exchange rates.”
— Howard Coker, Q1 2025 Earnings Press Release
SON Earnings Trends
SON vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SON EPS Trend
Earnings per share: estimate vs actual
SON Revenue Trend
Quarterly revenue: estimate vs actual
SON Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $1.20 | $1.20 | -0.31% | $1.68B | -1.97% |
| Q4 25 BEAT FY | $1.00 | $1.05 | +5.50% | $1.77B | +0.67% |
| FY Full Year | — | $5.71 | — | $7.52B | — |
| Q3 25 MISS | $1.93 | $1.92 | -0.32% | $2.13B | -1.00% |
| Q2 25 MISS | $1.49 | $1.37 | -7.80% | $1.91B | -0.51% |
| Q1 25 MISS | $1.41 | $1.38 | -1.89% | $1.71B | -16.23% |