Geopolitics Alpha

Sonoco Products Co (SON) Reports Q3 Revenue Miss Amid Inflation and Drought Challenges

Published . Updated .

GEOPOLITICS ALPHASonoco Products Co (SON) ReportsQ3 Revenue Miss Amid Inflation andDrought ChallengesSONGEOPOLITICS ALPHA

This report is about Interest rates.

Directly affected

  • SON Sonoco Products+5.5%

    Named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond-1.8%

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond-0.9%

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond-0.3%

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500+1.6%

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase-4.3%

    Bank profits move with lending and interest rates

  • BAC Bank of America-18.8%

    Bank profits move with lending and interest rates

  • GS Goldman Sachs-8.5%

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR-3.9%

    A fund of financial companies

  • KRE SPDR S&P Regional Banking-4.4%

    Regional banks are sensitive to interest rates

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SON———————
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————

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Sonoco Products Co (SON) Reports Q3 Revenue Miss Amid Inflation and Drought Challenges GuruFocus

Source: GuruFocus

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This story

12 out of 100

“Sonoco Products Co (SON) Reports Q3 Revenue Miss Amid Inflation and Drought Challenges” scores 12 out of 100. The score uses 1 sources.