Crown Holdings, Inc. Reports Strong Fourth Quarter And Full Year 2020 Results

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Crown Holdings (CCK) Tops Q4 EPS by 23c, Offers Q1 and FY Guidance

February 9, 2021 5:03 PM EST

Crown Holdings (NYSE: CCK) reported Q4 EPS of $1.50, $0.23 better than the analyst estimate of $1.27. Revenue for the quarter came in at $2.96 billion versus the consensus estimate of $2.87 billion.

GUIDANCE:

Crown Holdings sees Q1 2021 EPS of $1.35-$1.40, versus the consensus of $1.26.

Crown Holdings sees FY2021 EPS of $6.60-$6.80, versus the consensus of $6.38.

The Company currently expects first quarter and full year 2021 adjusted diluted earnings to be in the ranges of $1.35 to $1.40 and $6.60 to $6.80 per share, respectively. EBITDA for 2021 is expected to be approximately $2.0 billion and... More