12:35 PM EDT, 07/23/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)

Crown Holdings ( CCK ) shares were up nearly 9% in recent Tuesday trading after the company's Q2 earnings beat estimates.

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.

Price: 84.21, Change: +6.75, Percent Change: +8.71