Silgan Holdings Q4 Profit Down - Quick Facts

(RTTNews) - Silgan Holdings Inc. (SLGN) Tuesday reported fourth-quarter profit of $23.3 million or $0.36 per share, down from $29.4 million or $0.42 per share in the same period last year.

Adjusted earnings for the quarter was $0.45 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 0.7 percent to $864.8 million from $858.8 million last year. Analysts expected sales of $884.28 million.

Looking ahead, the company has increased its full-year 2014 adjusted earnings outlook to a range of $3.10 to $3.30 per share from a previous range of $2.75 to $2.85 per share. Analysts expected full-year earnings of $3.16 per share.