Crown Holdings, Inc. (NYSE:CCK) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Kevin Clothier - SVP and CFO Timothy Donahue - President and CEO Conference Call Participants Ghansham Panjabi - Baird Chris Parkinson - Wolfe Company Research George Staphos - Bank of America Mike Leithead - Barclays Phil Ng - Jefferies Jeff Zekauskas - JPMorgan Anthony Pettinari - Citigroup Arun Viswanathan - RBC Capital Markets Joshua Spector - UBS Stefan Diaz - Morgan Stanley Edlain Rodrigue ...

Flex Ltd. (FLEX) has announced a definitive agreement to acquire Crown Technical Systems for $325 million in an all-cash deal. The acquisition is anticipated to be accretive within the first year following buyout completion. It is expected to be finalized by December 2024, pending standard closing conditions, including regulatory approvals. This acquisition enhances Flex's presence in rapidly expanding and profitable markets, particularly in modular data center adoption and medium-voltage power distribution ...

Crown Holdings, Inc. (CCK) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.99, beating the Zacks Consensus Estimate of earnings of $1.81. The bottom line exceeded the company's EPS guidance of $1.75-$1.85 and improved 15% year over year. Including one-time items, CCK reported a loss (from continuing operations) of $1.47 per share in the quarter under review against earnings of $1.33 per share in third-quarter 2023. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. N ...

Crown Holdings (CCK) reported $3.07 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.2%. EPS of $1.99 for the same period compares to $1.73 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.07 billion, representing a surprise of +0.25%. The company delivered an EPS surprise of +9.94%, with the consensus EPS estimate being $1.81. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Crown Holdings (CCK) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.94%. A quarter ago, it was expected that this packaging company would post earnings of $1.59 per share when it actually produced earnings of $1.81, delivering a surprise of 13.84%. Over the last four quarters, the ...

News Release Corporate Headquarters 14025 Riveredge Drive, Suite 300 Tampa, FL 33637 CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS Tampa, FL - October 17, 2024. Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2024. Net sales in the third quarter were $3,074 million compared to $3,069 million in the third quarter of 2023 reflecting higher shipments of both global beverage cans and food cans in North America, offset by lower volumes in ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis. Analys ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . On August 6, I wrote an article titled "Why 6%-Yielding Crown Castle Is A Top REIT Pick." The article was written at a time of elevated volatility in its stock price, as the CCI Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the compan ...

Crown Castle Inc.'s (CCI) third-quarter 2024 adjusted funds from operations (AFFO) per share of $1.84 surpassed the Zacks Consensus Estimate of $1.80. Net revenues of $1.65 billion outpaced the Zacks Consensus Estimate of $1.64 billion. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. AFFO per share reported a 4% increase year over year. However, net revenues fell marginally year over year. Site-Rental Revenues Increase CCI's total site-rental revenues rose 1% year over year to $1.5 ...

Crown Castle Inc. (CCI) reported third-quarter 2024 adjusted funds from operations (AFFO) per share of $1.84, outpacing the Zacks Consensus Estimate of $1.80. The reported figure also increased by 4% from the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results reflect a rise in site rental revenues and a decline in total operating expenses year over year. However, a decline in services and other revenues affected the results to some extent. CCI maintained its ...