HARTSVILLE, S.C. (AP) — HARTSVILLE, S.C. (AP) — Sonoco Products Co. (SON) on Thursday reported third-quarter net income of $50.9 million.
The Hartsville, South Carolina-based company said it had net income of 51 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were $1.49 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share…