Crown Holdings, Inc. Reports First Quarter 2020 Results

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Crown Holdings (CCK) Tops Q1 EPS by 21c, Revenues Beat; Withdraws Previous FY20 Guidance

April 20, 2020 4:35 PM EDT

Crown Holdings (NYSE: CCK) reported Q1 EPS of $1.13, $0.21 better than the analyst estimate of $0.92. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.73 billion.

Earnings per share $0.65 versus $0.77 in 2019Adjusted earnings per share increased to $1.13 over the $1.05 in 2019Global beverage can volumes grew 10%Solid food can demandPrevious financial guidance for 2020... More