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Crown (CCK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-21 23:01
For the quarter ended June 2025, Crown Holdings (CCK) reported revenue of $3.15 billion, up 3.6% over the same period last year. EPS came in at $2.15, compared to $1.81 in the year-ago quarter.The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $3.14 billion. With the consensus EPS estimate being $1.86, the EPS surprise was +15.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
Crown Holdings (CCK) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-21 22:15
Crown Holdings (CCK) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.59%. A quarter ago, it was expected that this packaging company would post earnings of $1.22 per share when it actually produced earnings of $1.67, delivering a surprise of +36.89%.Over the last four quarters, th ...
Crown Holdings(CCK) - 2025 Q2 - Quarterly Results
2025-07-21 20:14
Corporate Headquarters 14025 Riveredge Drive, Suite 300 Tampa, FL 33637 News Release CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2025 RESULTS Tampa, FL - July 21, 2025. Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2025. Highlights Second Quarter 2025 Outlook Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "During the second quarter, continued strong performance, led by Americas Beverage, E ...
CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2025 RESULTS
Prnewswire· 2025-07-21 20:05
Core Viewpoint - Crown Holdings, Inc. reported strong financial results for the second quarter of 2025, with significant growth in segment income and adjusted earnings per share, driven by robust performance in its Americas and European Beverage segments, as well as operational improvements across its global operations [2][3][5]. Financial Performance - Net sales for the second quarter of 2025 were $3,149 million, an increase from $3,040 million in the same quarter of 2024, attributed to higher shipments of beverage and food cans in North America and Europe, despite lower shipments in Asia Pacific and Transit Packaging [3][6]. - Income from operations rose to $391 million in Q2 2025, compared to $379 million in Q2 2024, while segment income increased to $476 million from $437 million year-over-year, reflecting improved operational performance [4][22]. - Net income attributable to Crown Holdings was $181 million in Q2 2025, up from $174 million in Q2 2024, with reported diluted earnings per share increasing to $1.56 from $1.45 [5][8]. Six-Month Results - For the first half of 2025, net sales reached $6,036 million, compared to $5,824 million in the first half of 2024, driven by higher shipments and the pass-through of increased material costs [6][8]. - Income from operations for the first six months was $756 million, up from $624 million in the same period of 2024, with segment income improving to $874 million from $745 million [7][22]. Outlook - The company has raised its full-year 2025 guidance for adjusted diluted earnings per share to a range of $7.10 to $7.50, reflecting strong performance in the first half of the year [10][11]. - The expected adjusted diluted earnings per share for Q3 2025 is projected to be between $1.95 and $2.05 [10]. Segment Performance - In Q2 2025, the Americas Beverage segment reported net sales of $1,405 million, up from $1,325 million in Q2 2024, while European Beverage sales increased to $635 million from $560 million [23]. - Segment income for Americas Beverage rose to $268 million from $243 million, and for European Beverage, it increased to $97 million from $88 million year-over-year [23]. Cash Flow and Capital Expenditures - The company expects to generate approximately $900 million in adjusted free cash flow for 2025 after capital expenditures of about $450 million [11][12]. - Cash flows from operating activities for the first half of 2025 were $463 million, compared to $343 million in the same period of 2024 [33].
CROWN HOLDINGS RECOGNIZED BY FORBES AS THE TOP PACKAGING COMPANY ON TRACK TO ACHIEVE NET-ZERO CARBON EMISSIONS
Prnewswire· 2025-07-17 13:00
Company Cracks Top 25 Overall on Forbes' Annual Net Zero LeadersTAMPA, Fla., July 17, 2025 /PRNewswire/ -- Forbes has recognized leading aluminum beverage can manufacturer Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) as the top packaging company on track to achieve net-zero carbon emissions on its third annual list of Net Zero Leaders. Out of 200 companies evaluated for emissions projections, risk management, financial strength, governance, and organizational preparedness within the context ...
CROWN ROYAL'S AWARD-WINNING FLAVORED WHISKIES PORTFOLIO IS SERVING UP COUNTRY STYLE AND CHARM IN PARTNERSHIP WITH TANNER ADELL AND MIGUEL HARICHI
Prnewswire· 2025-07-15 19:00
"Good vibes and great cocktails are two of my favorite things, so partnering with Crown Royal for the Pancake Palace was a no-brainer," Harichi said. "I mean, who wouldn't want to swap villa life for a cowboy hat, even if just for one night?" Blending the staples of country culture – cowboys, whisky and roadside diners – the Crown Royal Pancake Palace will come to life this summer as the ultimate late-night destination at a surprise pop-up experience. Brand fans and invited guests +21 will step into a count ...
Crown Holdings (CCK) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-14 15:01
The market expects Crown Holdings (CCK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Silver Crown Royalties Closes Final Tranche of its Non-Brokered Private Placement
Thenewswire· 2025-07-14 07:00
Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company with four silver royalties, three of which are revenue-generating [4] - The company's business model provides investors with exposure to precious metals, serving as a hedge against currency devaluation while minimizing the impact of cost inflation associated with production [4] Recent Financial Activity - The company closed the final tranche of its non-brokered offering, issuing 132,693 Units at a price of C$6.50 per Unit, resulting in gross proceeds of approximately C$862,505.50 [1] - A total of 235,531 Units were issued in the offering, generating cumulative gross proceeds of C$1,530,951.50 [2] Use of Proceeds - Proceeds from the final tranche will be allocated to fund the company's silver royalty acquisition on the Igor 4 project in Peru, as well as for general and administrative expenses [3]
Crown Castle Stock Gains 13% Year to Date: Will the Trend Last?
ZACKS· 2025-07-09 14:15
Core Insights - Crown Castle (CCI) shares have increased by 13% year to date, outperforming the industry's growth of 3.7% [1][9] - The company's strategy to enhance its tower business is expected to support growth due to rising wireless connectivity usage [1] - The demand for wireless data is projected to rise significantly, prompting service providers to expand and densify their networks [1] Financial Performance - CCI reported a 5% consolidated organic growth in Q1 2025, driven by increased demand across its tower business portfolio [3] - The company has long-term lease agreements with major U.S. carriers, ensuring steady recurring revenues and top-line stability [4] - As of March 31, 2025, CCI had cash and cash equivalents of $60 million and a net debt to last quarter annualized adjusted EBITDA ratio of 5.9X [5] Liquidity and Credit Position - CCI has $7 billion of undrawn amounts available under its senior unsecured revolving credit facility as of March 31, 2025 [6] - The company holds investment-grade credit ratings of BBB, BBB+, and Baa3 from major rating agencies, facilitating access to debt markets on favorable terms [6] Market Position and Risks - CCI's extensive portfolio includes over 40,000 towers in the top 100 trading areas in the U.S., positioning it well for network investments driven by 5G deployment [3] - The company faces potential challenges from consolidation in the wireless industry and high customer concentration [10] - Analysts have a bearish outlook on CCI, with a Zacks Rank of 3 (Hold) and a downward revision of the 2025 FFO per share estimate by 9.3% to $4.18 [10]
Goldstorm Metals Initiates 2025 Exploration Program Targeting the Copernicus Zone on the Crown Property, Located in the Golden Triangle of British Columbia
Newsfile· 2025-07-08 09:00
Core Viewpoint - Goldstorm Metals Corp. has initiated a 2025 exploration program targeting the Copernicus Zone on its 100%-owned Crown Property, located in British Columbia's Golden Triangle, following recent copper-gold-silver discoveries [1][13]. Exploration Program - The exploration will include geological and geophysical programs to advance exploration on the Copernicus Zone, which covers approximately 16,000 hectares adjacent to significant projects by Seabridge Gold Inc. and Newmont [1][13]. - The Copernicus Zone is identified as a high-grade copper target with associated gold and silver mineralization [3]. Geological Insights - The company is analyzing assay results from previous sampling programs to define potential drill-hole locations for an inaugural diamond drilling program [3]. - A detailed geophysical study will be conducted over the Orion 'Spine', a six-kilometer-long ridgeline, to identify anomalies associated with mineralization [3][6]. Sampling Results - In 2024, extensive mapping and sampling programs included 627 surface rock samples, revealing multiple mineralized trends within volcaniclastic rocks at the Copernicus Zone [7]. - Notable sampling highlights include a grab sample returning 30.9 g/t gold and 42.39 g/t silver, and 16 samples within the Copernicus Zone returning greater than 1% copper [9][8]. Future Drilling Plans - The company has completed the construction of several drill pads targeting shear-hosted massive chalcopyrite lenses, which may represent mobilized metals from a deeper source [4][5]. - The initiation of a drill program is contingent upon favorable results from the upcoming geophysical study [3][6]. Company Background - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a strategic land position in the Golden Triangle of British Columbia, which is known for hosting some of the largest and highest-grade gold deposits globally [13].