Crown Holdings (CCK) Tops Q1 EPS by 44c, Revenues Beat; Offers 2Q EPS Guidance Above Consensus, FY21 EPS Views Below Consensus

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Crown Holdings, Inc. Reports Strong First Quarter 2021 Results

April 19, 2021 5:00 PM EDT

YARDLEY, Pa., April 19, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2021.

Highlights

Earnings per share $1.57 versus $0.65 in 2020 Adjusted earnings per share increased to $1.83 over the $1.13 in 2020 Global beverage can volumes grew 8%; capacity expansion projects on schedule Solid food can demand Announced agreement to sell European Tinplate business Announces Investor Event

Net sales in the first quarter were $3,078 million compared to $2,757 million in the first... More