Ball Corp. (BLL) Misses Q4 EPS by 1c, Revenues Beat
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Ball Corp. (NYSE: BLL) reported Q4 EPS of $0.55, $0.01 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.67 billion.
Outlook
"The company's financial position is strong and our debt portfolio is well positioned at low, fixed rates. Given the strength of our cash flow, we have the flexibility to invest when necessary and continue to return every available dollar of free cash flow to shareholders in 2019 and beyond," said Scott C. Morrison, senior vice president and chief financial officer.
"Achieving our 2019 financial goals that we laid out in mid-2016 is within sight. The team remains focused on commercializing our sustainable aluminum packaging solutions across our customers\' product categories while also supporting unprecedented growth in our aerospace business. In 2019, we look forward to exceeding our long-term 10 to 15 percent diluted earnings per share growth goal," Hayes said.
For earnings history and earnings-related data on Ball Corp. (BLL) click here.
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