Crown Holdings (CCK) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Crown Holdings, Inc. Reports Third Quarter 2017 Results

October 18, 2017 5:02 PM EDT

PHILADELPHIA, Oct. 18, 2017 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2017.

Third Quarter Highlights

Earnings per share $1.32 Adjusted earnings per share $1.41 $62 million of Q3 share repurchases; $339 million YTD Beverage can growth projects on schedule

Net sales in the third quarter increased to $2,468 million compared to $2,326 million in the third quarter of 2016, reflecting increased global beverage, food and aerosol can volumes, the pass through of higher raw material costs,... More