$42.100
+0.253 (+0.60%)At close
SLGN News
SLGN Events
Silgan Q2 Revenue at $1.64B, Exceeds Expectations
Reports Q2 revenue $1.64B, consensus $1.62B. "Silgan reported another quarter of strong financial results in the second quarter that were above the midpoint of our expected range and highlighted our focused operational execution, as we continue to deliver on our plan for 2026. Our teams remain focused on our near and long term strategic growth initiatives that position the Company to deliver organic growth well into the future. Our unique customer-centric model and market-leading innovation continue to be rewarded in the markets we serve with incremental new business opportunities that drive above-market volume growth and an improving mix of higher margin products," said Adam Greenlee, President and CEO. "The Silgan team continued to drive success in the second quarter, and our momentum into the second half of 2026 remains strong despite experiencing dynamic and evolving operating conditions against a backdrop of geopolitical and macroeconomic uncertainty," continued Mr. Greenlee. "Our market leading Dispensing and Specialty Closures franchise continued to execute at a very high level in the second quarter, with high single digit growth in products for fragrance markets and additional contractual new business awards during the quarter. The market continues to validate our competitive advantage in this high-value segment of the packaging market, as our market leading product portfolio, new product innovation, and focused customer partnership model continue to separate us from our competition. Our Metal Containers business delivered another quarter of strong volume growth in products for pet food markets and successfully executed a new long-term supply agreement with a large customer in the vegetable market. In Custom Containers, our teams delivered another quarter of profit growth and continue to win new long-term business awards in the marketplace. We are pleased to have delivered a strong first half in 2026 and remain focused on executing our plan for the remainder of the year. The success of our long-term strategic initiatives, the strength of our teams, the power of our portfolio, and the value of our disciplined capital deployment model continue to create meaningful opportunity for shareholder value creation in 2026 and beyond," concluded Greenlee.
Company Confirms 2026 Adjusted EPS Estimate of $3.73 to $3.93
The company confirmed its estimate of adjusted net income per diluted share for the full year of 2026 in the range of $3.73 to $3.93, a 3% increase at the midpoint of the range over adjusted net income per diluted share of $3.72 in 2025. Adjusted EBIT in 2026 is expected to be higher than 2025 levels in all segments. The company confirmed its estimate of free cash flow in 2026 of approximately $450 million as compared to $445.2 million in 2025. Capital expenditures are expected to be approximately $310 million in 2026.
Silgan Holdings Sees Q3 Adjusted EPS of $1.21-$1.31
Silgan Holdings sees Q3 adjusted EPS $1.21-$1.31 , consensus $1.28
Silgan Reports Q1 Revenue of $1.56B, Exceeds Expectations
Reports Q1 revenue $1.56B, consensus $1.51B. "Silgan delivered another quarter of strong results in the first quarter that were at the high end of our expected range, as our business continues to outpace the trends in the markets we serve. Our teams are focused on executing our plan for 2026 and delivering on our long term strategic growth initiatives, as our market leading innovation, differentiated customer partnership model, and operational excellence continue to set us apart in our markets," said Adam Greenlee, President and CEO. "Our business continued to demonstrate resiliency in the first quarter amidst evolving market trends, mixed consumer sentiment and renewed geopolitical uncertainty and is well positioned to deliver strong results in the second quarter and beyond," continued Greenlee. "Our Dispensing business remains advantaged in the marketplace as our unique combination of new product innovation, operational excellence, and our highly focused customer partnership model continue to be rewarded with incremental growth opportunities. Our growing fragrance and beauty dispensing solutions delivered another quarter of double-digit growth, and with the Weener acquisition fully integrated we see additional opportunities for incremental innovation and commercial success. Our Metal Containers business continued to show strong growth in the quarter with double digit volume growth in pet food products despite significant inflation in raw material costs as a result of steel and aluminum tariffs. In Custom Containers, our teams successfully navigated the conclusion of customer destocking and closely managed costs to mitigate its impact on profit, and we are seeing incremental opportunities to drive long-term growth with new and existing customers in the market. Our business is off to a solid start in 2026, and we are on track to deliver our increased financial targets for the year. The strength of our teams, the power of our portfolio, and the value of our disciplined capital deployment model continue to deliver meaningful opportunity for shareholder value creation in 2026 and beyond," concluded Greenlee.
Dispensing and Specialty Closures Expected to Exceed Last Year’s Levels in Q2 2026
For the second quarter of 2026, Dispensing and Specialty Closures volumes are expected to be above prior year levels, while Dispensing and Specialty Closures Adjusted EBIT is expected to be comparable to prior year levels primarily due to significant cost inflation in the second quarter of 2026 predominantly related to higher resin costs. Volumes and Adjusted EBIT in the Metal Containers segment are expected to be below prior year levels in the second quarter of 2026 due to a more normal timing of customer shipments for the fruit and vegetable pack in 2026, which is not expected to impact total volumes for the fruit and vegetable pack for the year. Adjusted EBIT in the Custom Containers segment in the second quarter of 2026 is expected to be above prior year levels with slightly lower volumes.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.