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.

Earnings data Q1 2021

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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.

The latest technology helps Crown Holdings (CCK) advance digital printing for beverage cans with greater speed, high quality, top-notch design and features.

Crown Holdings (CCK) & Velox Tie Up to Offer Digital Solution

YARDLEY, Pa., Oct. 6, 2021 /PRNewswire/ -- Leading metal packaging manufacturer Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has announced collaboration with Velox Ltd.

Crown Teams with Velox to Launch Fastest Digital Beverage Can Decorator

YARDLEY, Pa., Oct. 1, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today that the Trustees of its U.K. defined benefit pension plan (the Metal Box Pension Scheme) have entered into a transaction with Pension Insurance Corporation (PIC) to fully insure all of its U.K. pension liabilities.

Crown Holdings Announces Intention To Settle Its U.K. Pension Plan Obligations

YARDLEY, Pa., Sept. 28, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the third quarter ended September 30, 2021 after the close of trading on the New York Stock Exchange on Monday, October 25, 2021.

Crown Holdings Schedules Third Quarter 2021 Earnings Conference Call

Crown Holdings' (CCK) latest investment will aid it to serve the existing customers in the Western United States, while also supporting the expansion of new beverage can plants.

Crown Holdings (CCK) Builds New Beverage Can Plant in Nevada

Crown Holdings Inc (NYSE: CCK) stated that its previously announced Southwestern U.S. aluminum beverage can manufacturing facility will be located in Mesquite, Nevada. The company expects the 355,000 square foot facility in the Mesquite Technology and Commerce Center to begin operations in Q2 of 2023 and create 126 new jobs.

Crown Holdings Picks Nevada For New Beverage Can Plant

Crown Holdings Inc. CCK, +1.10% said Friday it will build a manufacturing facility in Mesquite, Nevada, creating 126 new jobs. The maker of rigid packaging products used by consumer marketing companies said the new 355,000 square foot facility will supply beverage cans, and is expected to being operations in the second quarter of 2023.

Crown Holding to build aluminum can plant in Nevada, creating 126 new jobs

YARDLEY, Pa., Sept. 24, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown), reported today that its previously announced Southwestern United States aluminum beverage can manufacturing facility will be located  in Mesquite, Nevada.

Crown Holdings Expands North American Footprint with New Beverage Can Plant in Mesquite, Nevada

YARDLEY, Pa., Sept. 20, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has announced it will take further action against climate change in conjunction with Amazon, Global Optimism and more than 200 other signatories through The Climate Pledge, a commitment to be net-zero carbon across business operations by 2040, 10 years ahead of the Paris Agreement.

Crown Elevates Emissions Reduction Initiatives By Signing The Climate Pledge

Strong beverage-can demand and upbeat growth projections make Crown Holdings (CCK) stock an attractive investment option.

Here's Why You Should Invest in Crown Holdings (CCK) Stock Now

Crown Holdings (CCK) expects to utilize net proceeds of the deal in reducing debt, funding capital projects and making share repurchases.

Crown Holdings (CCK) Divests 80% of European Tinplate Business

YARDLEY, Pa., Aug. 31, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown), announced today that it has completed the previously announced sale of its European Tinplate business to KPS Capital Partners, LP.

Crown Holdings Completes Sale of Its European Tinplate Business

“Demand remained strong across all product lines, and geographies, and importantly the company continues to convert this growth into record earnings.”

Crown Holdings: Converting Growth into Record Earnings

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

Crown (CCK) Up 4% Since Last Earnings Report: Can It Continue?

Crown Holdings is a major producer of beverage cans and is expanding its capacity to 97 billion cans per year. The sale of the consumer packaging division brings in firepower to complete the expansion and to buy stock.

Crown Holdings: Capitalizing On The Ever-Increasing Demand For Beverage Cans

YARDLEY, Pa., Aug. 2, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) again holds the top position for mitigating environmental, social and governance (ESG) risk within the metal and glass packaging sector, following a new assessment from ESG ratings provider Sustainalytics.

Sustainalytics Ranks Crown First In Metal And Glass Packaging Sector For Minimizing ESG Risk

Crown Holdings, Inc. (CCK) CEO Timothy Donahue on Q2 2021 Results - Earnings Call Transcript

Crown Holdings' (CCK) top line gains from improved beverage can and transit packaging sales unit volumes, pass through of higher material costs and favorable currency-translation impact in Q2.

Crown Holdings' (CCK) Earnings Beat Estimates in Q2, '21 View Up

Crown (CCK) delivered earnings and revenue surprises of 18.89% and -1.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Crown Holdings (CCK) Q2 Earnings Beat Estimates

Shares of Crown Holdings (NYSE:CCK) increased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 60.90% year over year to $2.14, which beat the estimate of $1.78.

Recap: Crown Holdings Q2 Earnings

YARDLEY, Pa., July 19, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2021.

Crown Holdings, Inc. Reports Strong Second Quarter 2021 Results

Crown Holdings (CCK) Q2 results likely to reflect benefits from solid beverage can demand as well as focus on pricing actions.

Crown Holdings (CCK) to Report Q2 Earnings: What's in the Offing?

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.

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

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News for Crown Hlds Stock (CCK)