AI brief of an SEC Form 8-K · Silgan (SLGN)

Silgan Q3 adjusted EPS up 7% to $1.31; GAAP EPS falls to $0.99

Mixed Impact 4 of 5 earnings

Silgan reported third-quarter 2026 net sales of $2.04 billion, up 2%, but GAAP net income fell to $105.0 million, or $0.99 per diluted share, from $113.3 million, or $1.06, a year earlier. Adjusted EPS rose to $1.31 from $1.22, and the company narrowed its 2026 adjusted EPS estimate to $3.83 to $3.93 from $3.73 to $3.93, which raises the midpoint.

Key points

  • Net sales were $2.04 billion, up $31.5 million or 2%, mainly from passing through higher raw material costs to customers.
  • GAAP net income was $105.0 million ($0.99 per diluted share) versus $113.3 million ($1.06) in Q3 2025; EBIT was $191.7 million, down $7.0 million.
  • Adjusted EPS was $1.31 versus $1.22; the 2026 adjusted EPS estimate was revised to $3.83 to $3.93 from $3.73 to $3.93.
  • Q4 2026 adjusted EPS is estimated at $0.76 to $0.86; 2026 free cash flow is still expected to be approximately $450 million.

The filing

CompanySilgan (SLGN)
Form8-K, current report
Filed with the SECOct 29, 2026, 4:30 PM ET
Accession number0001628280-26-068277

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.