Crown Hlds

Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products and equipment for consumer goods. The firm offers aerosol cans, beverage, promotional, and transit packaging, closures and capping, and food cans. It operates through the following segments: Americas, Europe, Asia Pacific, and Transit Packaging. The Americas segment manufactures beverage, food and aerosol cans and ends, glass bottles, specialty packaging, metal vacuum closures, steel crowns, and aluminum caps. The Europe segment operates in Europe, Middle East, and North Africa. The Asia Pacific segment includes beverage and non-beverage can operations. The Transit Packaging segment provides industrial and protective solutions and equipment and tools businesses. The company was founded by William Painter in 1892 and is headquartered in Philadelphia, PA.

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Earnings data Q4 2024

Crown Holdings reports strong Q4 earnings, eyes growth amid challenges

Crown Holdings (CCK) reported improved earnings and projects EBITDA growth in 2023, despite challenges like market downturns and natural disasters.
The company's focus on debt reduction, shareholder value, and market positioning strengths underpin its resilience and growth opportunities.
Balancing investments in diverse segments, managing market challenges, and leveraging growth opportunities are key priorities for Crown Holdings.
Confidence in market recovery, sustainable CapEx levels, and margin management strategies position the company for long-term success and shareholder value creation.

Crown Holdings faces volume challenges but anticipates market recovery

Crown Holdings navigated volume challenges and margin pressures in Q1, with a focus on cost management and market recovery. Despite short-term challenges, the company remains optimistic about improving results in the second quarter and achieving its guidance range.

Crown Holdings projects EBITDA growth amidst market challenges and opportunities

Crown Holdings faces challenges in market declines and delayed projects but remains optimistic about future growth opportunities. The company's strong performance in transit packaging and European beverage units is driving improved margins. Strategic cost management and focus on cash flow are key priorities for sustainable growth.

Crown Holdings (CCK) reports mixed Q3 results, eyes sustainability growth

Crown Holdings (CCK) reported mixed Q3 results with improved segment income but lower net sales. Challenges persist in the aerosol business, while Transit Packaging shows promise. The company aims to capitalize on sustainability efforts and operational stability for future growth.

Crown Holdings achieves record EBITDA in 2023, eyes future growth

Crown Holdings delivered strong financial performance in 2023, with a focus on operational efficiency and cost savings. While facing challenges from overcapacity and market headwinds, the company remains optimistic about future growth opportunities through strategic initiatives and market rebounds.

Crown Holdings Q1 2024 Earnings: Challenges Amid Growth Opportunities

Crown Holdings faced challenges in transit performance and Bevcan business post-pandemic. However, strengths in North America and Europe, along with opportunities for growth in Bevcan and transit business, position the company well for the future.

Crown Holdings reports robust Q2 earnings, raises full-year guidance

Crown Holdings delivered a strong Q2 performance with increased earnings per diluted share, net sales, and segment income, supported by record free cash flow and improved financial metrics.
While facing challenges in sustaining growth and managing capital spending, the company's raised guidance and strategic focus on shareholder value creation signal confidence and opportunities for future growth.
With a clear roadmap to enhance operational efficiency, pursue growth opportunities, and optimize capital allocation, Crown Holdings is poised for continued success and value creation for stakeholders.

Crown Holdings reports solid Q3 results, boosts earnings guidance

Crown Holdings delivered steady performance with maintained net sales and increased segment income, supported by volume growth in key markets.
Strengths include a strong balance sheet, increased earnings guidance, and a commitment to returning capital to shareholders through buybacks and dividends.
Challenges include managing debt levels and sustaining profitability amidst market dynamics, requiring a focus on operational efficiency and cost control.
Opportunities lie in leveraging strong cash flow for strategic investments, debt reduction, and market expansion to drive long-term value creation.

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Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products and equipment for consumer goods. The firm offers aerosol cans, beverage, promotional, and transit packaging, closures and capping, and food cans. It operates through the following segments: Americas Beverage, European Beverage, Asia Pacific, Transit Packaging, and Other. The Americas Beverage segment manufactures beverages, food and aerosol cans and ends, glass bottles, specialty packaging, metal vacuum closures, steel crowns, and aluminum caps. The Europe Beverage segment operates in Europe, the Middle East, and North Africa. The Asia Pacific segment includes beverage and non-beverage can operations. The Transit Packaging segment offers industrial and protective solutions and is involved in the equipment and tools businesses. The Other segment include the company's food can, aerosol can and closures businesses in North America, and beverage tooling and equipment operations in the U.S. and the United Kingdom. The company was founded by William Painter in 1892 and is headquartered in Tampa, FL.

Investors need to pay close attention to Crown Holdings (CCK) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Crown Holdings (CCK) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Crown Holdings (CCK) a Great Value Stock Right Now?

TAMPA, Fla. , Dec. 4, 2024 /PRNewswire/ -- Following the closing today of the previously announced sale of Eviosys to Sonoco Products Company, Crown Holdings, Inc. (NYSE: CCK) (Crown) will receive net cash proceeds of approximately $300 million in return for its remaining equity stake of approximately 20%.

CROWN HOLDINGS, INC. TO RECEIVE PROCEEDS FROM CLOSING OF EVIOSYS SALE TO SONOCO PRODUCTS COMPANY

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Why Crown Holdings (CCK) is a Top Value Stock for the Long-Term

Should Value Investors Buy Crown Holdings (CCK) Stock?

TAMPA, Fla. , Oct. 24, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.25 per share payable November 27, 2024, to shareholders of record as of November 14, 2024.

CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND

Crown Holdings, Inc. (NYSE:CCK ) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Kevin Clothier - SVP and CFO Timothy Donahue - President and CEO Conference Call Participants Ghansham Panjabi - Baird Chris Parkinson - Wolfe Company Research George Staphos - Bank of America Mike Leithead - Barclays Phil Ng - Jefferies Jeff Zekauskas - JPMorgan Anthony Pettinari - Citigroup Arun Viswanathan - RBC Capital Markets Joshua Spector - UBS Stefan Diaz - Morgan Stanley Edlain Rodriguez - Mizuho Gabe Hajde - Wells Fargo Securities Operator Good morning, and welcome to Crown Holdings Third Quarter 2024 Conference Call. Your lines have been placed on a listen-only mode until the question-and-answer session.

Crown Holdings, Inc. (CCK) Q3 2024 Earnings Call Transcript

CCK expects 2024 adjusted EPS of $6.25-$6.35, up from the prior stated $6.00-$6.25.

Crown Holdings Beats Q3 Earnings & Revenue Estimates, Raises '24 View

Although the revenue and EPS for Crown (CCK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Crown (CCK) Reports Q3 Earnings: What Key Metrics Have to Say

Crown Holdings (CCK) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.73 per share a year ago.

Crown Holdings (CCK) Tops Q3 Earnings and Revenue Estimates

TAMPA, Fla. , Oct. 17, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2024.

CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS

Crown (CCK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Crown (CCK) Beat Estimates Again in Its Next Earnings Report?

Evaluate the expected performance of Crown (CCK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to Crown (CCK) Q3 Earnings: Wall Street Forecasts for Key Metrics

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Crown Holdings (CCK) is a Top-Ranked Value Stock: Should You Buy?

Carnival

MIAMI , Sept. 30, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook for fourth quarter 2024.

CARNIVAL CORPORATION & PLC REPORTS RECORD-SETTING OPERATING RESULTS, OUTPERFORMS THIRD QUARTER GUIDANCE AND RAISES FULL YEAR 2024 GUIDANCE FOR THE THIRD TIME

TAMPA, Fla. , Sept. 20, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the third quarter ended September 30, 2024 after the close of trading on the New York Stock Exchange on Thursday, October 17, 2024.

CROWN HOLDINGS SCHEDULES THIRD QUARTER 2024 EARNINGS CONFERENCE CALL

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Here's Why Crown Holdings (CCK) is a Strong Value Stock

After reaching an important support level, Crown Holdings, Inc. (CCK) could be a good stock pick from a technical perspective. CCK recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Crown Holdings (CCK)'s Technical Outlook is Bright After Key Golden Cross

Here's Why Crown Holdings (CCK) is a Strong Momentum Stock

TAMPA, Fla. , Aug. 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced that it has entered into an agreement to purchase a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to fully guarantee benefits covered under the contract for nearly all of the retirees and deferred vested participants in its primary US defined benefit plans.

CROWN HOLDINGS ANNOUNCES INTENTION TO TRANSFER $740 MILLION IN US PENSION PLAN OBLIGATIONS

Crown (CCK) reported earnings 30 days ago. What's next for the stock?

Why Is Crown (CCK) Up 4.1% Since Last Earnings Report?

Why Crown Holdings (CCK) is a Top Momentum Stock for the Long-Term

TAMPA, Fla. , July 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that it has priced an offering of €600 million aggregate principal amount of 4.500% senior unsecured notes due 2030 issued at par by its subsidiary Crown European Holdings S.A.

CROWN HOLDINGS, INC. ANNOUNCES PRICING OF SENIOR NOTES

Report details Company's collective effort to achieve goals outlined in its Twenty by30™ program TAMPA, Fla. , July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has released its 2023 Sustainability Report detailing the Company's global sustainability activities, including being on track to meet its Scope 3 emissions reduction goal ahead of its 2030 deadline.

CROWN ANNOUNCES SIGNIFICANT PROGRESS AGAINST SCOPE 3 GHG EMISSIONS GOAL IN LATEST SUSTAINABILITY REPORT

TAMPA, Fla. , July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors authorized the repurchase of an aggregate amount of up to $2.0 billion of Company stock through the end of 2027.

News for Crown Hlds Stock (CCK)