Ball Corporation (NYSE: BALL) reported Q2 EPS of $0.74, $0.04 better than the analyst estimate of $0.70. Revenue for the quarter came in at $2.96 billion versus the consensus estimate of $3.1 billion.

Outlook

\"Our global business performance remains strong and on track to deliver or exceed against our stated goals. We are now on track to return in excess of $1.6 billion to shareholders in 2024. By consistently executing on our plans to drive continuous improvement and operational excellence, our resulting strong free cash flow will allow us to return significant value to shareholders while also prudently investing in our business over the years to come,\" said Howard Yu, executive vice president and chief financial officer.

\"The team is operating at a high level and is focused on executing our enterprise-wide strategy with purpose and pace to advance aluminum packaging and to consistently deliver high-quality results, products and returns. In 2024, we are positioned to achieve mid-single digit plus comparable diluted earnings per share growth, generate strong free cash flow and EVA while also returning significant value to shareholders through a combination of share repurchases and dividends following the sale of the company\'s aerospace business. We will continue to leverage the strengths of our best-in-class footprint, product portfolio and operational talent. I want to thank our employees for their hard work to consistently deliver comparable diluted earnings per share growth greater than 10 percent per annum in 2025 and beyond,\" Fisher said.

For earnings history and earnings-related data on Ball Corporation (BALL) click here.