Crown Holdings (CCK) Misses Q2 EPS by 1c, Beats on Revenues; Offers FY18 EPS Guidance Below Consensus

Go back to Crown Holdings (CCK) Misses Q2 EPS by 1c, Beats on Revenues; Offers FY18 EPS Guidance Below Consensus

Crown Holdings, Inc. Reports Second Quarter 2018 Results

July 18, 2018 5:02 PM EDT

PHILADELPHIA, July 18, 2018 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2018.

Second Quarter Highlights

Earnings per share $0.99 versus $0.94 in 2017 Adjusted earnings per share $1.55 versus $1.17 in 2017 Global beverage can volumes grew 4% in the quarter and year-to-date Transit Packaging acquisition completed April 3, 2018

Net sales in the second quarter were $3,046 million compared to $2,161 million in the second quarter of 2017 reflecting the impact of the Signode acquisition, an increase in... More