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Crown Holdings Q1 Adjusted Earnings, Net Sales Decline; Q2 EPS Outlook Set, 2024 Guidance Affirmed
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Crown Holdings Q1 Adjusted Earnings, Net Sales Decline; Q2 EPS Outlook Set, 2024 Guidance Affirmed
Apr 29, 2024 1:41 PM

04:20 PM EDT, 04/29/2024 (MT Newswires) -- Crown Holdings ( CCK ) reported Q1 adjusted diluted earnings late Monday of $1.02 per share, down from $1.20 a year earlier.

Analysts polled by Capital IQ expected $0.96.

Net sales for the quarter that ended March 31 was $2.78 billion, down from $2.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.93 billion.

The company set adjusted diluted EPS of $1.55 to $1.65 for Q2 and reiterated full-year 2024 outlook at $5.80 to $6.20. Analysts surveyed by Capital IQ expect $1.56 and $5.98, respectively.

Price: 82.11, Change: +1.01, Percent Change: +1.25

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