Crown Holdings ( (CCK) ) has released its Q1 earnings. Here is a breakdown of the information Crown Holdings presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Crown Holdings, Inc., headquartered in Tampa, Florida, is a global leader in the design, manufacture, and sale of packaging products for consumer and industrial goods, with a strong focus on the beverage can industry.
Crown Holdings has reported a robust financial performance for the first quarter of 2025, showcasing significant growth in earnings and income. The company achieved a diluted earnings per share of $1.65, a substantial increase from $0.56 in the same period in 2024, and adjusted diluted earnings per share rose by 64% to $1.67.
The company’s segment income surged by 29% to $398 million, driven by strong performances in its global beverage can businesses, particularly in Brazil and Europe, and better-than-expected growth in North America. Crown Holdings also returned $233 million to shareholders, including $203 million in share repurchases. Net sales increased to $2,887 million, reflecting higher beverage can shipments and the pass-through of increased material costs.
Looking ahead, Crown Holdings remains optimistic about its performance in 2025, with expectations of continued demand for beverage cans and a full-year adjusted diluted earnings per share forecasted between $6.70 and $7.10. The company also anticipates generating approximately $800 million in adjusted free cash flow, maintaining a strong financial outlook for the year.
Crown Holdings is well-positioned to navigate potential global trade tensions and inflationary pressures, with strategies in place to optimize supply chains and manage tariff impacts, ensuring continued growth and stability in its operations.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue