Crown Holdings (CCK) PT Raised to $62 at Jefferies

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Go back to Crown Holdings (CCK) PT Raised to $62 at Jefferies

Crown Holdings, Inc. Reports First Quarter 2016 Results

April 20, 2016 5:02 PM EDT

PHILADELPHIA, April 20, 2016 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2016.

First Quarter Highlights

Earnings per share $0.57 versus $0.32 in 2015 Adjusted earnings per share $0.69 versus $0.53 in 2015 Constant currency adjusted earnings per share up 40% over prior year Constant currency segment income up 20% Global beverage can volumes grew 7% Beverage can growth projects on schedule

Net sales in the first quarter were $1,893 million compared to $1,997 million in the first... More