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Crown (CCK) Stories Q3 Earnings: What Key Metrics Should Say

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Crown Holdings (CCK) reported $3.07 billion in income for the quarter ended September 2024, representing a year-over-year enhance of 0.2%. EPS of $1.99 for a similar interval compares to $1.73 a 12 months in the past.

The reported income compares to the Zacks Consensus Estimate of $3.07 billion, representing a shock of +0.25%. The corporate delivered an EPS shock of +9.94%, with the consensus EPS estimate being $1.81.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.

Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher challenge a inventory’s value efficiency.

Right here is how Crown carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Exterior Gross sales- Americas Beverage: $1.37 billion versus the three-analyst common estimate of $1.33 billion. The reported quantity represents a year-over-year change of +5.6%.
  • Exterior Gross sales- European Beverage: $573 million in comparison with the $557.99 million common estimate based mostly on three analysts. The reported quantity represents a change of +6.9% 12 months over 12 months.
  • Exterior Gross sales- Transit Packaging: $526 million versus $521.17 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -5.1% change.
  • Exterior Gross sales- Different segments: $323 million versus the three-analyst common estimate of $356.37 million. The reported quantity represents a year-over-year change of -14.3%.
  • Exterior Gross sales- Asia Pacific: $284 million in comparison with the $293.40 million common estimate based mostly on three analysts. The reported quantity represents a change of -7.5% 12 months over 12 months.
  • Section Earnings- Americas Beverage: $280 million versus $241.94 million estimated by three analysts on common.
  • Section Earnings- European Beverage: $86 million versus $88.10 million estimated by three analysts on common.
  • Section Earnings- Transit Packaging: $70 million versus $80.46 million estimated by three analysts on common.
  • Section Earnings- Different segments: $27 million versus $20.80 million estimated by three analysts on common.
  • Section Earnings- Company and different: -$41 million versus -$36.67 million estimated by three analysts on common.
  • Section Earnings- Asia Pacific: $50 million versus the three-analyst common estimate of $51.22 million.

View all Key Company Metrics for Crown here>>>

Shares of Crown have returned +1% over the previous month versus the Zacks S&P 500 composite’s +3.8% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.

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