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Crown Holdings(CCK) - 2024 Q2 - Quarterly Report
2024-07-29 20:43
Amount of gain / (loss) Amount of gain / (loss) recognized in AOCI recognized in AOCI Three Months ended June 30, Six months ended June 30, Derivatives designated as net investment hedges 2024 2023 2024 2023 Foreign exchange $ — $ (14) $ 12 $ (19) Offsetting of Derivative Assets and Liabilities Gross amounts recognized in the Balance Sheet Gross amounts not offset in the Balance Sheet Net amount L. Debt 20 The components of net periodic pension and other postretirement benefits costs for the three and six m ...
CROWN ANNOUNCES SIGNIFICANT PROGRESS AGAINST SCOPE 3 GHG EMISSIONS GOAL IN LATEST SUSTAINABILITY REPORT
Prnewswire· 2024-07-29 20:00
"Our progress toward achieving our bold Twentyby30™ goals is only possible with the commitment of our global team, and it is clear we have made strong strides together across our pillars of focus," said Tim Donahue, President, CEO & Chairman of the Board of Crown Holdings. "Our stakeholders rely on our transparency regarding sustainability performance, and it is up to us to remain advocates for strong standards and high performance for sustainability." Report details Company's collective effort to achieve g ...
CROWN HOLDINGS, INC. AUTHORIZES $2.0 BILLION OF SHARE REPURCHASES
Prnewswire· 2024-07-29 12:33
Cautionary Note Regarding Forward-Looking Statements Except for historical information, all other information in this press release consists of forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors, including, without limitation, that the Company is not obligated and may not acquire any shares of common stock and the share repurchase plan may be suspended or terminated at any time at the Company's discretion. Important factors that could caus ...
Crown Electrokinetics Regains Compliance With Nasdaq's Minimum Bid Price Requirement
GlobeNewswire News Room· 2024-07-26 13:15
LOS ANGELES, July 26, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated July 25, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2). About Crown Ele ...
Silver Crown Royalties Commences Trading on Cboe Canada
GlobeNewswire News Room· 2024-07-25 07:00
Company Overview - Silver Crown Royalties Inc. (SCRi) is a revenue-generating silver-only royalty company that focuses on silver as byproduct credits, aiming to minimize the economic impact on mining projects while maximizing returns for shareholders [6]. Listing Announcement - SCRi's common shares will be listed for trading on the Cboe Canada stock exchange under the symbol "SCRI" effective at market open on July 25, 2024 [1]. Management Commentary - Peter Bures, the CEO of Silver Crown, expressed excitement about the listing on Cboe Canada, highlighting that the innovative exchange aligns with the company's vision and will enable it to achieve its ambitions more effectively and at a lower cost of capital [5]. Revenue Sources - SCRi currently has two sources of revenue and is actively targeting additional operational silver-producing projects to build on its foundation [6].
Crown Holdings(CCK) - 2024 Q2 - Earnings Call Transcript
2024-07-23 18:41
Crown Holdings, Inc. (NYSE:CCK) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Timothy Donahue - President and CEO Kevin Clothier - SVP and CFO Conference Call Participants Chris Parkinson - Wolfe Research Phil Ng - Jefferies George Staphos - Bank of America Bryan Bergmeyer - Citi Ghansham Panjabi - Baird Arun Viswanathan - RBC Capital Markets Mike Leithead - Barclays Adam Samuelson - Goldman Sachs Jeff Zekauskas - JPMorgan Stefan Diaz - Morgan Stanley Gabe Hajde - Wells Farg ...
Crown Holdings (CCK) Beats on Q2 Earnings, Raises '24 View
ZACKS· 2024-07-23 16:35
Crown Holdings currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Containers Stocks Awaiting Results Silgan Holdings Inc. (SLGN) is scheduled to release its second-quarter 2024 on Jul 31. The Zacks Consensus Estimate for SLGN's second-quarter 2024 earnings is pegged at 87 cents per share, suggesting year-over-year growth of 4.8%. The Zacks Consensus Estimate for the company's top line is pegged at $1.43 billion, suggesting an increase o ...
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 ...