Countdown to Crown (CCK) Q3 Earnings: Wall Street Forecasts for Key Metrics

Core Insights - Crown Holdings (CCK) is expected to report quarterly earnings of $1.81 per share, reflecting a 4.6% increase year-over-year, while revenues are forecasted to be $3.07 billion, indicating a slight decrease of 0.1% compared to the previous year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' forecasts [1][2] Revenue Estimates - Analysts predict 'External Sales- Americas Beverage' to be $1.33 billion, a 3% increase from the year-ago quarter [4] - 'External Sales- European Beverage' is expected to reach $557.99 million, indicating a 4.1% year-over-year increase [4] - 'External Sales- Transit Packaging' is forecasted at $521.17 million, reflecting a decrease of 5.9% from the previous year [4] Segment Income Estimates - 'Segment Income- Americas Beverage' is projected to be $241.94 million, up from $232 million in the same quarter last year [5] - 'Segment Income- European Beverage' is expected to reach $88.10 million, compared to $80 million in the prior year [6] - 'Segment Income- Transit Packaging' is estimated at $80.46 million, down from $89 million in the same quarter last year [6] Other Segment Estimates - 'Net Sales- Other segments' is estimated at $356.37 million, a decrease of 5.5% year-over-year [5] - 'External Sales- Asia Pacific' is projected to be $293.40 million, indicating a decline of 4.4% from the previous year [5] - 'Segment Income- Asia Pacific' is expected to reach $51.22 million, up from $33 million in the same quarter last year [7] Stock Performance - Crown shares have increased by 1.6% over the past month, compared to a 4.9% increase in the Zacks S&P 500 composite [7] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [7]