Crown Holdings reports Q1 adjusted EPS $1.86, consensus $1.75

Reports Q1 revenue $3.26B, consensus $3.03B. “The company got off to a solid start for the year, driven by strong results in our European and Asian beverage can businesses, beverage can equipment and our North American food can and closures businesses,” said Timothy JDonahue, Chairman, President & Chief Executive Officer. “Global beverage can volumes advanced 5%, led by robust shipments throughout Europe and Asia-Pacific. North American shipments advanced 1% in the quarter as a strong March, up 8% over the prior year, helped overcome a slow start to the year, the result of widespread winter storms in January.”