Crown Holdings, Inc. Reports Second Quarter 2018 Results
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Crown Holdings (CCK) Misses Q2 EPS by 1c, Beats on Revenues; Offers FY18 EPS Guidance Below Consensus
July 18, 2018 5:06 PM EDTCrown Holdings (NYSE: CCK) reported Q2 EPS of $1.55, $0.01 worse than the analyst estimate of $1.56. Revenue for the quarter came in at $3.05 billion versus the consensus estimate of $2.98 billion.
Second Quarter Highlights
Earnings per share $0.99 versus $0.94 in 2017Adjusted earnings per share $1.55 versus $1.17 in 2017Global beverage can volumes grew 4% in the quarter and year-to-dateTransit Packaging acquisition completed April 3, 2018
Commenting on the quarter, Timothy J. Donahue, President and Chief Executive Officer, stated, "We performed well in the second quarter. We saw solid gains in global beverage can shipments and excellent... More
