Crown Holdings (CCK) Tops Q1 EPS by 2c

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Crown Holdings, Inc. Reports First Quarter 2017 Results

April 19, 2017 5:03 PM EDT

PHILADELPHIA, April 19, 2017 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2017.

First Quarter Highlights

Earnings per share $0.77 versus $0.57 in 2016 Adjusted earnings per share $0.72 versus $0.69 in 2016 $133 million of Q1 share repurchase; $60 million additional in April Beverage can growth projects on schedule

Net sales in the first quarter were $1,901 million compared to $1,893 million in the first quarter of 2016 reflecting increased beverage, food and aerosol can volumes and the pass through... More