Crown Holdings(CCK)

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Crown Holdings Pops On Fizzy Q2 Results And Guidance
Seeking Alpha· 2024-07-23 03:35
Susumu Yoshioka After the market closed on July 22nd, the management team at global packaging company Crown Holdings (NYSE:CCK) announced financial results covering the second quarter of the company's 2024 fiscal year. Even though revenue fell short of analysts' expectations, both earnings per share and adjusted earnings per share came in higher than anticipated. In addition to this, management increased earnings guidance for 2024 in its entirety. This sent shares up about 5.9% in after-hours trading. Truth ...
Crown Holdings(CCK) - 2024 Q2 - Quarterly Results
2024-07-22 20:17
News Release The Company views segment income as the principal measure of the performance of its operations and adjusted free cash flow and adjusted net leverage ratio as the principal measures of its liquidity. The Company considers all of these measures in the allocation of resources. Adjusted free cash flow has certain limitations, however, including that it does not represent the residual cash flow available for discretionary expenditures since other non-discretionary expenditures, such as mandatory deb ...
Crown Crafts Acquires the Assets of Baby Boom Consumer Products
GlobeNewswire News Room· 2024-07-22 10:57
Baby Boom designs, sources, markets and sells high-quality and functional toddler bedding and diaper bags. In addition to its own brands, Baby Boom offers licensed products, including Bluey, Ms. Rachel, Cocomelon, Paw Patrol, Eddie Bauer and others. "We are excited to add Baby Boom's portfolio of branded and licensed products to our lineup. This acquisition enhances our presence in the toddler bedding segment, and the addition of diaper bags expands our offerings to our customers. Baby Boom's strong portfol ...
These Analysts Raise Their Forecasts On Crown Castle After Q2 Results
Benzinga· 2024-07-18 13:01
Crown Castle Inc. CCI posted weak results for its second quarter on Wednesday. TD Cowen analyst Gregory Williams maintained Crown Castle with a Buy rating and raised the price target from $124 to $127. B of A Securities analyst David Barden maintained the stock with a Neutral rating, while raising the price target from $105 to $110. "Our second quarter results demonstrated the durability and consistency of Crown Castle's business, and we remain on track to deliver our full year outlook for organic revenue g ...
Silver Crown Royalties Receives Conditional Approval to Trade on Cboe
GlobeNewswire News Room· 2024-07-18 07:00
TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Silver Crown Royalties Inc. ("Silver Crown", "SCRi", the "Corporation", or the "Company") is pleased to announce that the Cboe Canada Inc. stock exchange ("Cboe Canada") has granted conditional approval of the Company's listing application and that the common shares of the Company will be listed and commence trading on Cboe Canada at the open of the market on Thursday, July 25, 2024. ABOUT CBOE CANADA Cboe Canada is part of the Cboe Global Markets network, leveragi ...
Crown Castle Reports Second Quarter 2024 Results and Maintains Outlook for Full Year 2024
GlobeNewswire News Room· 2024-07-17 20:07
HOUSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2024 and maintained its full year 2024 outlook, as reflected in the table below. | --- | --- | --- | --- | |-------------------------------------------------|-------------------------------------|------------------------|-------------------| | (dollars in millions, except per share amounts) | Current Full Year 2024 Outlook(a) | Full Year 2023 Actual | Change ...
Global Consumer Packaged Goods Market Expected to Reach $244 Billion as a Result of Higher Consumption by Consumers
Newsfilter· 2024-07-17 12:30
PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- - FinancialNewsMedia.com News Commentary - The consumer packaged goods (CPG) market is projected to grow at a significant rate due to the rising population rate and increasing consumer awareness. Consumer packaged goods (CPG) are daily-use items that are consumed or used in some form by the average general population. These products have to be regularly replaced with new stocks and include items such as household commodities, food & beverages, makeup & per ...
Crown Equipment Joins Universal Technical Institute's Early Employment Program
Prnewswire· 2024-07-16 20:15
Source: Crown EquipmentSource: Crown Equipment Source: Crown EquipmentSource: Crown Equipment Source: Crown EquipmentSource: Crown Equipment Through the agreement, Universal Technical Institute students in the 51-week automotive technology and the 45-week diesel technology programs may apply with Crown to work 20 to 30 paid hours weekly while completing their studies. Universal Technical Institute graduates who are offered full-time employment by Crown may also qualify for tuition reimbursement up to $20,00 ...
Crown Castle: Unlikely To Disappoint With Q2 Earnings Release
Seeking Alpha· 2024-07-13 14:08
ozgurcankaya/E+ via Getty Images Investment thesis My previous bullish thesis about Crown Castle (NYSE:CCI) aged well as the stock's return since April was in line with the broader market. Today I want to update my thesis in light of the upcoming Q2 earnings release planned for July 17. I remain optimistic about CCI before the Q2 earnings release because two previous quarters were above consensus estimates from revenue and EPS perspectives. The company recently upgraded its full-year FFO guidance as a resul ...
CROWN LEADS SUSTAINALYTICS CONTAINERS AND PACKAGING CATEGORY WITH STRONG SUSTAINABILITY PERFORMANCE
Prnewswire· 2024-07-11 17:19
TAMPA, Fla., July 11, 2024 /PRNewswire/ -- Sustainalytics has ranked Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) at the top of the Containers & Packaging category in the latest ESG Risk Rating, an industry-wide assessment of corporate sustainability performance. After receiving positive marks across multiple areas of measurement, Crown leads its peer group of 105 organizations and represents one of only 3% of more than 16,200 assessed companies to attain an overall Negligible risk score. Th ...