Crown Holdings (CCK) Q4 Earnings Beat Estimates

Group 1 - Crown Holdings reported quarterly earnings of $1.59 per share, exceeding the Zacks Consensus Estimate of $1.52 per share, and up from $1.24 per share a year ago, representing an earnings surprise of 4.61% [1] - The company posted revenues of $2.9 billion for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.47%, compared to $2.86 billion in the same quarter last year [2] - Crown has surpassed consensus EPS estimates in all four of the last quarters, but has only topped consensus revenue estimates once during the same period [2] Group 2 - The stock has gained approximately 3.3% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The future performance of Crown's stock will largely depend on management's commentary during the earnings call and the outlook for earnings estimates [3][4] - Current consensus EPS estimate for the upcoming quarter is $1.17 on revenues of $2.89 billion, and for the current fiscal year, it is $6.81 on revenues of $12.18 billion [7] Group 3 - The Containers - Metal and Glass industry, to which Crown belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8] - The unfavorable trend in estimate revisions prior to the earnings release has resulted in a Zacks Rank 4 (Sell) for Crown, suggesting expected underperformance in the near future [6]