Ball Corp. (BLL) Misses Q2 EPS by 2c
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Price: $69.49 --0%
Financial Fact:
Total basic earnings per share (in dollars per share): 0
Today's EPS Names:
NLY, CP, RUSHA, More
Financial Fact:
Total basic earnings per share (in dollars per share): 0
Today's EPS Names:
NLY, CP, RUSHA, More
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Ball Corp. (NYSE: BLL) reported Q2 EPS of $0.85, $0.02 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.3 billion.
"Despite continued weakness in some of our end markets, our second quarter results were largely in line with expectations and we expect improved results as we move into the second half," said John A. Hayes, chairman, president and chief executive officer.
Outlook
"During the quarter, Ball amended and extended our senior credit facility and issued $1 billion in senior notes at 4 percent for 10 ½ years, which provides the company with a competitive, long-term capital structure while increasing its financial flexibility," said Scott C. Morrison, senior vice president and chief financial officer. "We will continue to emphasize returning the majority of our free cash flow to our shareholders via share repurchases and dividends."
"Although market conditions were very challenging in the first half of 2013, we still expect full-year comparable diluted earnings per share to exceed full-year 2012 results," Hayes said.
For earnings history and earnings-related data on Ball Corp. (BLL) click here.
"Despite continued weakness in some of our end markets, our second quarter results were largely in line with expectations and we expect improved results as we move into the second half," said John A. Hayes, chairman, president and chief executive officer.
Outlook
"During the quarter, Ball amended and extended our senior credit facility and issued $1 billion in senior notes at 4 percent for 10 ½ years, which provides the company with a competitive, long-term capital structure while increasing its financial flexibility," said Scott C. Morrison, senior vice president and chief financial officer. "We will continue to emphasize returning the majority of our free cash flow to our shareholders via share repurchases and dividends."
"Although market conditions were very challenging in the first half of 2013, we still expect full-year comparable diluted earnings per share to exceed full-year 2012 results," Hayes said.
For earnings history and earnings-related data on Ball Corp. (BLL) click here.
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