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Crown (CCK) Reports Q4 Earnings: What Key Metrics Have to Say
CCKCrown Holdings(CCK) ZACKS·2025-02-06 01:01

Core Insights - Crown Holdings reported revenue of 2.9billionforthequarterendedDecember2024,reflectingayearoveryearincreaseof1.62.9 billion for the quarter ended December 2024, reflecting a year-over-year increase of 1.6% and an EPS of 1.59, up from 1.24inthesamequarterlastyear[1]TherevenuefellshortoftheZacksConsensusEstimateof1.24 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of 2.92 billion by 0.47%, while the EPS exceeded the consensus estimate of 1.52by4.611.52 by 4.61% [1] Financial Performance Metrics - External Sales in the Americas Beverage segment were 1.33 billion, slightly below the estimated 1.37billion,markinga21.37 billion, marking a 2% increase year-over-year [4] - European Beverage segment sales reached 456 million, surpassing the average estimate of 453.77million,withasignificantyearoveryearincreaseof16.3453.77 million, with a significant year-over-year increase of 16.3% [4] - Transit Packaging external sales were 511 million, below the estimated 516.83million,representingayearoveryeardeclineof5.6516.83 million, representing a year-over-year decline of 5.6% [4] - Other segments reported external sales of 303 million, exceeding the estimate of 299.13million,withayearoveryearchangeof1299.13 million, with a year-over-year change of -1% [4] - Asia Pacific external sales were 308 million, slightly above the estimate of 306.06million,reflectingayearoveryeardecreaseof3.8306.06 million, reflecting a year-over-year decrease of 3.8% [4] Segment Income Analysis - Segment Income for Americas Beverage was 275 million, outperforming the average estimate of 256.84million[4]EuropeanBeveragesegmentincomewas256.84 million [4] - European Beverage segment income was 51 million, exceeding the average estimate of 49.03million[4]TransitPackagingsegmentincomewas49.03 million [4] - Transit Packaging segment income was 59 million, below the average estimate of 70.42million[4]Othersegmentsreportedsegmentincomeof70.42 million [4] - Other segments reported segment income of 33 million, significantly above the average estimate of 14.45million[4]Corporateandothersegmentshadasegmentincomeof14.45 million [4] - Corporate and other segments had a segment income of -38 million, slightly better than the average estimate of -39.33million[4]AsiaPacificsegmentincomewas39.33 million [4] - Asia Pacific segment income was 48 million, close to the average estimate of $49.09 million [4] Stock Performance - Crown Holdings shares have returned +6.3% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]