Ball Corp. (BLL) Misses Q1 EPS by 9c

Ball Corp. (NYSE: BLL) reported Q1 comparable EPS of $0.59, $0.09 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.89 billion.

"Strong operating performance in our U.S. and European metal beverage businesses was offset by difficult year-over-year comparisons in our China metal beverage and U.S. metal food businesses, as well as start-up costs for growth projects," said John A. Hayes, chairman, president and chief executive officer. "Our proposed offer for Rexam continues to move forward and we expect the transaction to close in late June."

For earnings history and earnings-related data on Ball Corp. (BLL) click here.

You May Also Be Interested In

• L3Harris CEO steps down amid conduct review, shares drop
• INVO Fertility (IVF) Tops Q2 EPS by 105c
• Jasper Therapeutics (JSPR) Tops Q2 EPS by 18c