Ball Corp. (BLL) Tops Q1 EPS by 12c

Ball Corp. (NYSE: BLL) reported Q1 comparable EPS of $0.81, $0.12 better than the analyst estimate of $0.69. Revenue for the quarter came in at $2.01 billion versus the consensus estimate of $2.03 billion.

"Stable beverage can volumes in North America, stronger than expected volumes in Europe and Brazil, as well as excellent plant and program performance, led to our strong first quarter results," said John A. Hayes, chairman, president and chief executive officer. "We are pleased with our results and our people continue to rise to any challenges we might face."

Outlook "Year-to-date we have returned more than $200 million to shareholders in the form of share repurchases and dividends, and we continue to expect free cash flow in the range of $550 million for 2014," said Scott C. Morrison, senior vice president and chief financial officer.

"Our first quarter results exceeded our expectations. While challenges still exist, we remain confident in our ability to increase EVA dollar generation and achieve our long-term diluted earnings per share growth goal of 10 to 15 percent in 2014," Hayes said.

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Reading (RDI) Tops Q2 EPS by 4c
• Star Equity to acquire Harte Hanks for $5 per share in cash and stock