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Crown Holdings Q2 Adjusted Earnings Rise, Sales Decline; Full-Year Guidance Raised
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Crown Holdings Q2 Adjusted Earnings Rise, Sales Decline; Full-Year Guidance Raised
Jul 22, 2024 1:46 PM

04:27 PM EDT, 07/22/2024 (MT Newswires) -- Crown Holdings ( CCK ) reported Q2 adjusted diluted earnings late Monday of $1.81 per share, up from $1.68 a year earlier.

Analysts polled by Capital IQ expected $1.59.

Net sales for the quarter ended June 30 was $3.04 billion, down from $3.11 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.06 billion.

The company set Q3 adjusted EPS of $1.75 to $1.85 and revised the full-year 2024 adjusted EPS outlook to a range of $6 to $6.25 from $5.80 to $6.20. Analysts surveyed by Capital IQ expect $1.79 and $5.97, respectively.

Crown Holdings' ( CCK ) shares were up 5.9% in recent after-hours activity.

Price: 82.01, Change: +4.55, Percent Change: +5.87

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