How did SON's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 07:38pm
Sonoco Products (SON) exhibited a general upward trend in revenue and a slight increase in expenses from Q1 to Q4 2024, with the most significant growth in revenue occurring in Q3 and Q4.
1. **Revenue Trend**:
- Q1 2024: $1.64 billion
- Q2 2024: $3.26 billion
- Q3 2024: $4.94 billion
- Q4 2024: $5.31 billion
- The revenue increased by approximately $1.67 billion from Q1 to Q4 2024, with the most substantial growth happening from Q2 to Q3 2024, where revenue jumped from $3.26 billion to $4.94 billion.
2. **Expense Trend**:
- Q1 2024: Data Not Available
- Q2 2024: Data Not Available
- Q3 2024: Data Not Available
- Q4 2024: Data Not Available
- Unfortunately, the data for total expenses for Sonoco Products in Q1, Q2, and Q3 2024 is not available. However, the fact that the report end date for Q3 and Q4 2024 is September 29 and December 31, 2024, respectively, suggests that the expenses for these quarters might not be directly comparable to the revenue figures due to differences in timing.
3. **Insights**:
- The absence of expense data for Q1, Q2, and Q3 2024 makes it challenging to provide a comprehensive analysis of the company's financial trends. However, the available data indicates that Sonoco Products experienced significant revenue growth from Q2 to Q3 2024, which continued in Q4 2024.
- To fully understand the financial performance of Sonoco Products in Q4 2024 and compare it with previous quarters, the complete expense data for Q1, Q2, and Q3 2024 would be necessary.