Crown Holdings(CCK)

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Crown Holdings Q2 Earnings & Revenues Beat Estimates, '25 View Raised
ZACKS· 2025-07-22 16:41
Key Takeaways CCK posted Q2 adjusted EPS of $2.15, beating estimates and rising 19% year over year. Strong Americas and European Beverage growth drove revenues to $3.15B, topping expectations. Full-year adjusted EPS outlook raised to $7.10-$7.50, implying 14% year-over-year growth at midpoint.Crown Holdings, Inc. (CCK) reported second-quarter 2025 adjusted earnings per share (EPS) of $2.15, beating the Zacks Consensus Estimate of $1.86. The bottom line exceeded the company’s EPS guidance of $1.80-$1.90. I ...
Crown Holdings, Inc. (CCK) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-22 16:14
Crown Holdings, Inc. (CCK) Q2 2025 Earnings Call July 22, 2025 9:00 AM ET Company Participants Kevin Charles Clothier - Senior VP & CFO Timothy J. Donahue - Chairman, President & CEO Conference Call Participants Anthony James Pettinari - Citigroup Inc., Research Division Arun Shankar Viswanathan - RBC Capital Markets, Research Division Christopher S. Parkinson - Wolfe Research, LLC Edlain S. Rodriguez - Mizuho Securities USA LLC, Research Division Gabrial Shane Hajde - Wells Fargo Securities, LLC, Research ...
Crown Holdings(CCK) - 2025 Q2 - Earnings Call Transcript
2025-07-22 14:02
Crown (CCK) Q2 2025 Earnings Call July 22, 2025 09:00 AM ET Company ParticipantsKevin Clothier - SVP & CFOTimothy Donahue - President & CEOGeorge Staphos - Managing DirectorPhilip Ng - Managing DirectorJosh Spector - ED - Chemicals Equity ResearchStefan Diaz - VP - Equity ResearchMichael Roxland - MD - Equity ResearchConference Call ParticipantsAnthony Pettinari - Research AnalystChris Parkinson - MD & Senior Research AnalystGabe Hajde - Research AnalystEdlain Rodriguez - Equity AnalystArun Viswanathan - Se ...
Crown Holdings(CCK) - 2025 Q2 - Earnings Call Transcript
2025-07-22 14:00
Crown (CCK) Q2 2025 Earnings Call July 22, 2025 09:00 AM ET Speaker0Good morning, and welcome to Crown Holdings Second Quarter twenty twenty five Conference Call. Your lines have been placed on a listen only mode until the question and answer session. Please be advised that the conference is being recorded. I would now like to turn the call over to Mr. Kevin Clothier, Senior Vice President and Chief Financial Officer.Sir, you may begin.Speaker1Thank you, Elle, and good morning. With me on today's call is Fi ...
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 ...