UPDATE: JPMorgan Downgrades Crown Holdings (CCK) to Neutral

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Go back to UPDATE: JPMorgan Downgrades Crown Holdings (CCK) to Neutral

CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2022 RESULTS

October 24, 2022 5:09 PM EDT

YARDLEY, Pa., Oct. 24, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2022.

Highlights

Earnings per share of $1.06 versus $0.79 in 2021Global beverage can volumes grew 6% Repurchased $722 million in Company shares year to date

Net sales in the third quarter were $3,259 million compared to $2,920 million in the third quarter of 2021 reflecting increased beverage can unit volumes and the pass through of higher raw... More