Group 1 - General Motors shares rose by 10.0% after raising its full-year performance guidance and reporting better-than-expected earnings [1] - Coca-Cola's stock increased by 3.0% as Q3 profits and revenues exceeded expectations [1] - Warner Bros. Discovery saw a 7.5% rise in shares, with the company expressing willingness to consider sale options [1] Group 2 - Crown Holdings, a metal packaging products manufacturer, experienced a 9.2% increase in shares due to better-than-expected Q3 performance [1] - Bilibili's shares rose by 6.0% following the success of its self-developed game "Escape from Duckville," which sold over 500,000 copies [1]

Financial Data and Key Metrics Changes - Earnings for the quarter were $1.85 per share compared to a loss of $1.47 per share in the prior year quarter, with adjusted earnings per share at $2.24 compared to $1.99 in the prior year quarter [2][3] - Net sales in the quarter increased by 4.2% compared to the prior year, reflecting a 12% increase in shipments across European beverage [3] - Free cash flow improved to $887 million from $668 million in the prior year, reflecting higher income and lower capital spending [3][4] - Segment income was $490 million in the quarter compared to $472 million in the prior year, indicating year-on-year improvements [3][4] Business Line Data and Key Metrics Changes - European beverage posted a record quarter with income 27% above the prior year on the back of 12% volume growth [8][9] - America's beverage volumes were down 5% in the quarter, primarily due to a 15% volume decline across Brazil and Mexico [7][8] - North American volumes were mixed, down 3% overall, but rebounded firmly in September, which was up 3% [8][9] - Transit packaging income remained level to the prior year, with increased shipments offsetting lower equipment activity [9] Market Data and Key Metrics Changes - The company achieved its long-term net leverage target of 2.5 times in September and remains committed to a healthy balance sheet [4] - The impact of tariffs has been limited, with management remaining attentive to indirect effects on global consumer and industrial demand [4][6] - The delivered aluminum price reached $2.10 a pound, up 54% in the last 10 months, impacting percentage margins in North America [6][8] Company Strategy and Development Direction - The company is raising its guidance for the full year, projecting adjusted EPS to be in the range of $7.70 to $7.80 [4] - The company plans to responsibly return cash to shareholders while maintaining a strong balance sheet [4][10] - Management emphasized the importance of continuous improvement in manufacturing operations and maintaining a competitive edge in the market [40][41] Management's Comments on Operating Environment and Future Outlook - Management noted that the can business is typically low-growth, with historical growth rates in Europe around 4% to 5% [15][25] - The company expects the fourth quarter in Brazil to return to growth, supported by government initiatives [8] - Management expressed confidence in the strength of the beverage can market, driven by consumer demand rather than promotional spending [22][23] Other Important Information - The company repurchased $105 million of common stock in the quarter and $314 million year to date, returning over $400 million to shareholders this year [3][4] - The company expects full-year adjusted free cash flow to be approximately $1 billion after $400 million of capital spending [5] Q&A Session Summary Question: Can you provide more details on the growth in Europe? - Management indicated that the growth in Europe was driven by underlying market growth and substitution, with a long-term growth rate of 4% to 5% expected [12][15] Question: What is the outlook for Americas EBIT? - Management stated that the $1 billion EBIT target is still aspirational but looks achievable this year, with impacts from Brazil and Mexico noted [16][18] Question: How did North American volumes perform? - North American volumes were down 3%, attributed to customer pruning, but management expects to service demand better next year [20][21] Question: What are the expectations for capital expenditures in 2026? - Management indicated that capital expenditures for 2026 are expected to be in the range of $450 million to $500 million, with ongoing projects in Europe and Brazil [45][68] Question: How is the company addressing debt and share repurchases? - Management confirmed that they are comfortable with the current debt levels and will consider share repurchases based on market conditions [78][82]

Financial Data and Key Metrics Changes - Earnings for the quarter were $1.85 per share compared to a loss of $1.47 per share in the prior year quarter, with adjusted earnings per share at $2.24 compared to $1.99 in the prior year quarter [4] - Net sales in the quarter increased by 4.2% compared to the prior year, driven by a 12% increase in shipments across European beverage [4] - Free cash flow improved to $887 million from $668 million in the prior year, reflecting higher income and lower capital spending [5] - Segment income was $490 million in the quarter compared to $472 million in the prior year, indicating year-on-year improvements in segment income, adjusted EBITDA, and free cash flow [5] Business Line Data and Key Metrics Changes - European beverage posted a record quarter with income 27% above the prior year, supported by 12% volume growth [13] - Americas beverage volumes were down 5% in the quarter, primarily due to a 15% volume decline across Brazil and Mexico [12] - North American volumes were mixed, down 3% overall, but showed a rebound of 3% in September [12] - Transit packaging income remained level to the prior year, with increased shipments offsetting the impact of lower equipment activity [13] Market Data and Key Metrics Changes - Delivered aluminum reached $2.1 per pound, up $0.74 per pound or 54% in the last ten months, impacting North American beverage margins [9][10] - European beverage growth was driven by market growth and substitution, with margins remaining strong despite lower Southeast Asian volumes [13][14] Company Strategy and Development Direction - The company is committed to maintaining a healthy balance sheet while returning excess cash to shareholders, having achieved its long-term net leverage target of 2.5 times [5][6] - The company expects to continue benefiting from strong demand in European beverage and improving cost structures across its operations [8][14] - The company is cautious about future growth rates, indicating that while 12% growth was achieved, historical growth rates in the can business are typically lower [22][47] Management's Comments on Operating Environment and Future Outlook - Management raised guidance for the full year adjusted EPS to $7.7 to $7.8, projecting fourth quarter adjusted EPS to be in the range of $1.65 to $1.75 [6] - Management noted limited direct impact from tariffs but remains attentive to indirect effects on global consumer and industrial demand [5][6] - The company expects fourth quarter in Brazil to return to growth, supported by government initiatives to lower interest rates [12] Other Important Information - The company repurchased $105 million of common stock in the quarter and $314 million year to date, returning more than $400 million to shareholders this year [5] - The company is monitoring the impact of the Novelis fire, which has a more significant effect on other customers but not directly on its operations [126] Q&A Session Summary Question: Growth in Europe and potential concerns about pre-buying - Management indicated that the growth in Europe is driven by underlying market growth and substitution, with historical growth rates expected to be around 4% to 5% [22][47] Question: Outlook for Americas EBIT and impact from Mexico and Brazil - Management confirmed that the EBIT target of $1 billion is still aspirational but achievable this year, with significant impacts from Brazil and Mexico noted [30] Question: North American market performance and promotional spending - Management acknowledged underperformance due to customer pruning but noted that the overall market was estimated to be up 2% [39][40] Question: Capacity and growth expectations in Europe - Management expressed confidence in their capacity to meet demand, with ongoing investments in new lines in Germany and Greece [85][86] Question: Capital allocation and share repurchase strategy - Management emphasized flexibility in capital allocation, with potential for share repurchases depending on market conditions [106][107]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AlphaVest Acquisition Corp (ATMV) is up 71% at $14.24 [3] - BranchOut Food Inc. (BOF) is up 44% at $3.04 [3] - rYojbaba Co., Ltd. (RYOJ) is up 35% at $5.14 [3] - GSI Technology, Inc. (GSIT) is up 25% at $16.24 [3] - Jowell Global Ltd. (JWEL) is up 18% at $2.02 [3] - General Motors Company (GM) is up 9% at $63.68 [3] - Crown Holdings, Inc. (CCK) is up 8% at $103.00 [3] - Spero Therapeutics, Inc. (SPRO) is up 8% at $2.49 [3] - Sunrun Inc. (RUN) is up 6% at $21.90 [3] - Foxx Development Holdings Inc. (FOXX) is up 5% at $4.50 [3] Premarket Losers - Neuphoria Therapeutics Inc. (NEUP) is down 66% at $5.19 [4] - New Era Energy & Digital, Inc. (NUAI) is down 9% at $5.09 [4] - Odyssey Marine Exploration, Inc. (OMEX) is down 8% at $3.28 [4] - Carbon Revolution Public Limited Company (CREV) is down 7% at $4.86 [4] - Coeur Mining, Inc. (CDE) is down 7% at $20.38 [4] - Hecla Mining Company (HL) is down 6% at $13.50 [4] - Verrica Pharmaceuticals Inc. (VRCA) is down 6% at $4.12 [4] - Sensei Biotherapeutics, Inc. (SNSE) is down 5% at $10.06 [4] - Whitehawk Therapeutics, Inc. (WHWK) is down 5% at $2.52 [4] - Greenidge Generation Holdings Inc. (GREE) is down 5% at $2.07 [4]

Core Insights - Crown Holdings Inc reported better-than-expected third-quarter financial results, with adjusted earnings of $2.24 per share, surpassing the analyst estimate of $2 [1] - The company's quarterly revenue reached $3.2 billion, exceeding the Street estimate of $3.12 billion [1] - Following the positive earnings report, Crown Holdings shares increased by 8.6% to $102.52 in pre-market trading [1] Financial Performance - Adjusted earnings per share (EPS) for the third quarter were $2.24, beating the expected $2 [1] - Quarterly revenue was reported at $3.2 billion, higher than the anticipated $3.12 billion [1] - The company raised its FY25 adjusted EPS guidance, indicating positive future expectations [1]

Group 1: Earnings Expectations - Coca-Cola Co. is expected to report quarterly earnings of 78 cents per share on revenue of $12.39 billion [2] - General Electric Co. is projected to post quarterly earnings of $1.44 per share on revenue of $10.40 billion [2] - General Motors Co. is anticipated to report quarterly earnings of $2.31 per share on revenue of $45.27 billion [2] - Netflix Inc. is expected to report quarterly earnings of $6.97 per share on revenue of $11.51 billion [2] Group 2: Company Performance - Crown Holdings Inc. reported quarterly adjusted earnings of $2.24 per share, exceeding the analyst estimate of $2, with revenue of $3.2 billion, surpassing the Street estimate of $3.12 billion [2] - Crown Holdings shares increased by 8% to $102.00 in after-hours trading following the earnings report [2] - Coca-Cola shares rose 0.3% to $68.64 in after-hours trading [2] - General Electric shares increased by 1.1% to $305.85 in after-hours trading [2] - General Motors shares fell 0.2% to $57.90 in after-hours trading [2] - Netflix shares rose 0.5% to $1,244.97 in after-hours trading [2]

Core Insights - Crown Holdings reported third-quarter earnings with EPS of $2.24, exceeding estimates of $1.98 and showing a year-over-year increase from $1.99 [2][6] - The company achieved revenue of approximately $3.2 billion, surpassing the Zacks Consensus Estimate by 0.34% and improving from $3.07 billion in the same quarter last year [3][6] - The strong performance is attributed to a 12% volume growth in the European Beverage sector, leading to a 27% increase in European segment income [4][6] Financial Performance - The earnings surprise for the quarter was +13.13%, following a +15.59% surprise in the previous quarter [2] - Crown Holdings has consistently surpassed consensus revenue estimates in three of the last four quarters, indicating stable financial growth [3] - The company has a P/E ratio of approximately 19.70 and a price-to-sales ratio of about 0.91, suggesting favorable market valuation [5] Market Dynamics - Global beverage can volumes showed mixed results, with declines in Asia and Latin America offset by double-digit growth in Europe and the Middle East, demonstrating the company's adaptability [4] - The debt-to-equity ratio of approximately 2.24 indicates a higher level of debt compared to equity, reflecting the company's financial strategy [5]

分组1 - Crown Holdings reported quarterly earnings of $2.24 per share, exceeding the Zacks Consensus Estimate of $1.98 per share, and up from $1.99 per share a year ago, representing an earnings surprise of +13.13% [1] - The company achieved revenues of $3.2 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.34% and increasing from $3.07 billion year-over-year [2] - Crown has outperformed the S&P 500 with a share price increase of about 13.5% since the beginning of the year, compared to the S&P 500's gain of 13.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.60 on revenues of $3 billion, and for the current fiscal year, it is $7.38 on revenues of $12.23 billion [7] - The Containers - Metal and Glass industry, to which Crown belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges for stock performance [8] 分组3 - Crown has surpassed consensus EPS estimates in all four of the last quarters, indicating a strong performance trend [2] - The estimate revisions trend for Crown was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

Core Insights - Crown Holdings, Inc. reported strong third-quarter earnings, with adjusted earnings per share of $2.24, surpassing analyst expectations of $2 [2] - The company's quarterly revenue reached $3.2 billion, exceeding the Street estimate of $3.12 billion [2] Financial Performance - Adjusted diluted earnings per share increased by 13% compared to the previous year, while segment income rose by 4% [3] - The European Beverage segment experienced a significant volume growth of 12%, contributing to a 27% increase in European segment income [4] Market Outlook - Crown Holdings raised its fiscal 2025 adjusted EPS guidance from a range of $7.10 to $7.50 to a new range of $7.70 to $7.80, compared to the analyst estimate of $7.39 [4] - The stock price of Crown Holdings increased by 7.51%, reaching $101 in extended trading [5]

News Release Corporate Headquarters 14025 Riveredge Drive, Suite 300 Tampa, FL 33637 CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2025 RESULTS Tampa, FL - October 20, 2025. Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2025. Highlights Third Quarter 2025 Outlook • Full year guidance range for adjusted diluted earnings per share increased to $7.70 to $7.80 with adjusted free cash flow of approximately $1.0 billion Commenting on the quarter, Tim ...