Crown Hlds

Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products and equipment for consumer goods. The firm offers aerosol cans, beverage, promotional, and transit packaging, closures and capping, and food cans. It operates through the following segments: Americas, Europe, Asia Pacific, and Transit Packaging. The Americas segment manufactures beverage, food and aerosol cans and ends, glass bottles, specialty packaging, metal vacuum closures, steel crowns, and aluminum caps. The Europe segment operates in Europe, Middle East, and North Africa. The Asia Pacific segment includes beverage and non-beverage can operations. The Transit Packaging segment provides industrial and protective solutions and equipment and tools businesses. The company was founded by William Painter in 1892 and is headquartered in Philadelphia, PA.

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Earnings data Q3 2024

Earnings data Q4 2024

Crown Holdings reports strong Q4 earnings, eyes growth amid challenges

Crown Holdings (CCK) reported improved earnings and projects EBITDA growth in 2023, despite challenges like market downturns and natural disasters.
The company's focus on debt reduction, shareholder value, and market positioning strengths underpin its resilience and growth opportunities.
Balancing investments in diverse segments, managing market challenges, and leveraging growth opportunities are key priorities for Crown Holdings.
Confidence in market recovery, sustainable CapEx levels, and margin management strategies position the company for long-term success and shareholder value creation.

Crown Holdings faces volume challenges but anticipates market recovery

Crown Holdings navigated volume challenges and margin pressures in Q1, with a focus on cost management and market recovery. Despite short-term challenges, the company remains optimistic about improving results in the second quarter and achieving its guidance range.

Crown Holdings projects EBITDA growth amidst market challenges and opportunities

Crown Holdings faces challenges in market declines and delayed projects but remains optimistic about future growth opportunities. The company's strong performance in transit packaging and European beverage units is driving improved margins. Strategic cost management and focus on cash flow are key priorities for sustainable growth.

Crown Holdings (CCK) reports mixed Q3 results, eyes sustainability growth

Crown Holdings (CCK) reported mixed Q3 results with improved segment income but lower net sales. Challenges persist in the aerosol business, while Transit Packaging shows promise. The company aims to capitalize on sustainability efforts and operational stability for future growth.

Crown Holdings achieves record EBITDA in 2023, eyes future growth

Crown Holdings delivered strong financial performance in 2023, with a focus on operational efficiency and cost savings. While facing challenges from overcapacity and market headwinds, the company remains optimistic about future growth opportunities through strategic initiatives and market rebounds.

Crown Holdings Q1 2024 Earnings: Challenges Amid Growth Opportunities

Crown Holdings faced challenges in transit performance and Bevcan business post-pandemic. However, strengths in North America and Europe, along with opportunities for growth in Bevcan and transit business, position the company well for the future.

Crown Holdings reports robust Q2 earnings, raises full-year guidance

Crown Holdings delivered a strong Q2 performance with increased earnings per diluted share, net sales, and segment income, supported by record free cash flow and improved financial metrics.
While facing challenges in sustaining growth and managing capital spending, the company's raised guidance and strategic focus on shareholder value creation signal confidence and opportunities for future growth.
With a clear roadmap to enhance operational efficiency, pursue growth opportunities, and optimize capital allocation, Crown Holdings is poised for continued success and value creation for stakeholders.

Crown Holdings reports solid Q3 results, boosts earnings guidance

Crown Holdings delivered steady performance with maintained net sales and increased segment income, supported by volume growth in key markets.
Strengths include a strong balance sheet, increased earnings guidance, and a commitment to returning capital to shareholders through buybacks and dividends.
Challenges include managing debt levels and sustaining profitability amidst market dynamics, requiring a focus on operational efficiency and cost control.
Opportunities lie in leveraging strong cash flow for strategic investments, debt reduction, and market expansion to drive long-term value creation.

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Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products and equipment for consumer goods. The firm offers aerosol cans, beverage, promotional, and transit packaging, closures and capping, and food cans. It operates through the following segments: Americas Beverage, European Beverage, Asia Pacific, Transit Packaging, and Other. The Americas Beverage segment manufactures beverages, food and aerosol cans and ends, glass bottles, specialty packaging, metal vacuum closures, steel crowns, and aluminum caps. The Europe Beverage segment operates in Europe, the Middle East, and North Africa. The Asia Pacific segment includes beverage and non-beverage can operations. The Transit Packaging segment offers industrial and protective solutions and is involved in the equipment and tools businesses. The Other segment include the company's food can, aerosol can and closures businesses in North America, and beverage tooling and equipment operations in the U.S. and the United Kingdom. The company was founded by William Painter in 1892 and is headquartered in Tampa, FL.

Crown Holdings (CCK) expects an adjusted EPS of $6.00-$6.25 for 2024.

Crown Holdings (CCK) Beats on Q2 Earnings, Raises '24 View

Crown Holdings reported higher-than-expected earnings per share and adjusted earnings per share for the second quarter of 2024. Despite a decline in revenue, the company's profitability metrics improved, including an increase in net income and adjusted earnings per share. Management raised earnings guidance for 2024, sending shares up about 5.9% in after-hours trading. CCK remains attractively priced relative to similar enterprises.

Crown Holdings Pops On Fizzy Q2 Results And Guidance

While the top- and bottom-line numbers for Crown (CCK) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Crown (CCK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Crown Holdings (CCK) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.68 per share a year ago.

Crown Holdings (CCK) Beats Q2 Earnings Estimates

TAMPA, Fla. , July 22, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2024.

CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS

TAMPA, Fla. , July 11, 2024 /PRNewswire/ -- Sustainalytics has ranked Crown Holdings, Inc. (NYSE: CCK) (Crown) ( www.crowncork.com ) at the top of the Containers & Packaging category in the latest ESG Risk Rating, an industry-wide assessment of corporate sustainability performance.

CROWN LEADS SUSTAINALYTICS CONTAINERS AND PACKAGING CATEGORY WITH STRONG SUSTAINABILITY PERFORMANCE

TAMPA, Fla. , June 25, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the second quarter ended June 30, 2024 after the close of trading on the New York Stock Exchange on Monday, July 22, 2024.

CROWN HOLDINGS SCHEDULES SECOND QUARTER 2024 EARNINGS CONFERENCE CALL

Sonoco Products

NEW YORK , June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco Products Company ("Sonoco", NYSE: SON), a Hartsville, South Carolina-based global leader in high-value sustainable packaging, for €3.615 billion (or approximately $3.9 billion). Sonoco has the option, under certain circumstances, to pay up to $200 million of the purchase consideration in the form of Sonoco stock.

KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION

Crown (CCK) reported earnings 30 days ago. What's next for the stock?

Crown (CCK) Up 0.6% Since Last Earnings Report: Can It Continue?

Crown Holdings' (CCK) first-quarter top line reflects the impacts of lower volumes across most businesses, offset by higher beverage can unit volumes in the Americas and Europe.

Crown Holdings (CCK) Q1 Earnings Beat, Sales Lag Estimates

Crown Holdings had lower profits in the most recent quarter, but profits were still well within expectations. The stock's valuation is average and its growth outlook is modest -- which might mean investors should look elsewhere for strong upside.

Why Crown Holdings Stock Jumped Today

The headline numbers for Crown (CCK) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Crown (CCK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Crown Holdings (CCK) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.20 per share a year ago.

Crown Holdings (CCK) Surpasses Q1 Earnings Estimates

TAMPA, Fla. , April 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2024.

CROWN HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS

Beyond analysts' top -and-bottom-line estimates for Crown (CCK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Ahead of Crown (CCK) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Crown (CCK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Crown Holdings (CCK) to Report a Decline in Earnings: What to Look Out for

TAMPA, Fla. , April 2, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the first quarter ended March 31, 2024 after the close of trading on the New York Stock Exchange on Monday, April 29, 2024.

CROWN HOLDINGS SCHEDULES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL

Company's latest achievement further verifies ethical practices throughout value chain and shows commitment to transparency TAMPA, Fla. , March 26, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has received the Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) Certification for its Mexican operations—the latest addition to a series of responsible sourcing credentials around the globe.

CROWN HOLDINGS SECURES ALUMINIUM STEWARDSHIP INITIATIVE (ASI) CHAIN OF CUSTODY CERTIFICATION (COC) FOR MEXICAN OPERATIONS

Renewable energy (RE) adoption drives Crown's Twentyby30™ targets forward; new Virtual Power Purchase Agreement (VPPA) shows continued commitment to sustainability TAMPA, Fla. , Feb. 28, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) has entered a 15-year Virtual Power Purchase Agreement (VPPA) with Enel Green Power España (EGPE), Endesa's renewable energy subsidiary, securing renewable electricity from a new PV project built in Badajoz, Spain.

CROWN SIGNS RENEWABLE ENERGY DEAL SIGNIFICANTLY EXPANDING COVERAGE OF ITS ELECTRICITY CONSUMPTION IN EUROPE

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Revenue fell as materials cost savings are passed on to customers. Today, investors were disappointed by guidance for flat earnings in 2024.

Why Crown Holdings' Stock Dropped 21.2% on Tuesday

Crown Holdings' (CCK) fourth-quarter top line reflects the impacts of lower volumes across most businesses, offset by higher beverage can unit volumes in Americas Beverage.

Crown Holdings (CCK) Earnings Miss Estimates in Q4, Rise Y/Y

Crown Holdings, Inc. (CCK) Q4 2023 Earnings Call Transcript

The headline numbers for Crown (CCK) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Crown (CCK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Crown Holdings (CCK) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.17 per share a year ago.

News for Crown Hlds Stock (CCK)