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 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 (CCK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Crown Holdings (CCK) Expected to Beat Earnings Estimates: Should You Buy?

Crown Holdings is one of the largest producers of aluminum beverage cans in the world. 2023 will be the last year of growth investments. From 2024 onwards, capex will decrease to the D&A level.

Crown Holdings: I'm Bullish And Expect $7.5/Share In FCF From 2024 Onwards

Crown Holdings, Inc. will look towards improved margins this year as it recovers from inflationary pressures in 2022. A fairly heavy debt load and potential economic headwinds are risks.

Crown Holdings Looks Fairly Valued

TAMPA, Fla. , March 28, 2023 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the first quarter ended March 31, 2023 after the close of trading on the New York Stock Exchange on Monday, April 24, 2023.

CROWN HOLDINGS SCHEDULES FIRST QUARTER 2023 EARNINGS CONFERENCE CALL

Crown Holdings, Inc. (NYSE:CCK ) Q4 2022 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Kevin Clothier – Senior Vice President and Chief Financial Officer Tim Donahue – President and Chief Executive Officer Conference Call Participants George Staphos – Bank of America Mike Leithead – Barclays Ghansham Panjabi – Baird Angel Castillo – Morgan Stanley Arun Viswanathan – RBC Capital Markets Adam Josephson – KeyBanc Kyle White – Deutsche Bank Phil Ng – Jefferies Adam Samuelson – Goldman Sachs Mike Roxland – Truist Securities Gabe Hajde – Wells Fargo Anthony Pettinari – Citi Operator Good morning, and welcome to Crown Holdings Fourth Quarter 2022 Conference Call. Your lines have been placed on a listen-only mode until the question-and-answer session.

Crown Holdings, Inc. (CCK) Q4 2022 Earnings Call Transcript

Crown Holdings' (CCK) fourth-quarter revenues miss estimates.

Crown Holdings (CCK) Earnings Top Estimates in Q4, Dip Y/Y

Crown (CCK) delivered earnings and revenue surprises of 9.35% and 2.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Crown Holdings (CCK) Q4 Earnings Top Estimates

YARDLEY, Pa. , Feb. 7, 2023 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the fourth quarter ended December 31, 2022.

CROWN HOLDINGS, INC. REPORTS FOURTH QUARTER 2022 RESULTS

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Company's solutions were recognized for delivering brand protection, product differentiation and sustainability advancements in Europe, Asia and North America YARDLEY, Pa. , Jan. 25, 2023 /PRNewswire/ -- As Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) looks back on 2022, the Company reflects on numerous accolades that its global teams were awarded at The Canmaker Summit, Asia CanTech conference and the International Metal Decorating & Packaging Association (IMDPA) conference—three events which honor innovation and differentiation in metal packaging.

CROWN WINS MULTIPLE AWARDS FOR INNOVATIVE DESIGNS ACROSS GLOBAL COMPETITIONS

The Materials sector has been strong amid a weaker USD. With earnings season in full swing, investors eye more relative strength from the group.

Crown Holdings: Big Free Cash Flow, Unloved Rankings, Bearish Chart

YARDLEY, Pa. , Jan. 10, 2023 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the fourth quarter ended December 31, 2022 after the close of trading on the New York Stock Exchange on Tuesday, February 7, 2023.

CROWN HOLDINGS SCHEDULES FOURTH QUARTER 2022 EARNINGS CONFERENCE CALL

Carl Icahn filed a 13DA with the U.S. Securities and Exchange Commission on Tuesday, revealing an agreement with Crown Holdings via which the company nominated his representatives Jesse Lynn and Andrew Teno on its slate of 2023 director nominations.

Icahn Gets Crown (CCK) Backing for 2 Board Seats in Standstill Agreement

Enters Into Cooperation Agreement with Icahn Enterprises Icahn to Support All Crown Nominees for Election at 2023 Annual Meeting YARDLEY, Pa. , Dec. 13, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) ("Crown" or the "Company") today announced that it has entered into an agreement with Icahn Enterprises L.P.

CROWN HOLDINGS APPOINTS TWO NEW INDEPENDENT DIRECTORS TO BOARD

Company scores within top 15% in corporate governance category YARDLEY, Pa. , Dec. 7, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has been named to the America's Most Responsible Companies 2023 list by Newsweek, in partnership with global research and data firm Statista.

CROWN RANKED AMONG TOP ORGANIZATIONS IN NEWSWEEK'S 2023 LIST OF AMERICA'S MOST RESPONSIBLE COMPANIES

Crown Holdings saw its share price collapse after publishing the Q3 results which were relatively weak. Crown Holdings still is a free cash flow machine, and the reported free cash flow is optically low due to the hundreds of millions being invested in expansion.

Crown Holdings Valuation With 10% FCF Yield Attracts Carl Icahn

YARDLEY, Pa. , Nov. 7, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) ("Crown" or the "Company") today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan") following the Board's evaluation and consultation with the Company's advisors.

CROWN HOLDINGS ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN

Veteran activist Carl Icahn took an 8.5% stake in Crown Holdings. There are a few opportunities to build shareholder value.

Carl Icahn snaps up shares of canning giant Crown. Here's how he may build value

“Icahn said that, among other things, he intends to have discussions with Crown representatives on a variety of ideas to increase shareholder value.

Icahn Takes 8.5% Crown Holdings Stake and Wants Changes At the Company

Shares of Crown Holdings Inc. CCK, +9.09% charged up 9.5% in midday trading Thursday, after Carl Icahn disclosed an 8.5% activist stake in the maker of packaging products and equipment for consumer goods, enough to make him the second-largest shareholder according to FactSet data. In a 13D filing with the Securities and Exchange Commission, Icahn said he believed the stock was "undervalued and represented an attractive investment opportunity.

Crown Holdings stock bounces sharply off 2-year low after Carl Icahn discloses large activist stake

Crown Holdings (NYSE: CCK ) stock rose 6% after investor Carl Icahn announced he has bought 8% of the canmaker. Icahn reportedly paid about $700 million for his stake in Crown.

Carl Icahn Is Making a Big Bet on Crown (CCK) Stock. Here's Why.

Crown Holdings, Inc. (NYSE:CCK) is rallying from its recent two-year lows this morning, after investor Carl Icahn upped his stake in the beverage can maker.

Crown Holdings Stock Pops After Carl Icahn Increases Stake

Carl Icahn has a sizable stake in Crown Holdings Inc. and believes the beverage-can maker should shed noncore units and buy back more stock, according to people familiar with the matter.

Carl Icahn has sizable stake in beverage-can maker Crown Holdings

The activist investor believes the beverage-can maker should shed noncore assets and buy back more stock.

Carl Icahn Has More Than 8% Stake in Crown Holdings

Economic headwinds are taking a toll on this leading supplier of aluminum cans for the beverage industry.

News for Crown Hlds Stock (CCK)