Crown (CCK) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Crown Holdings reported revenue of $2.9 billion for the quarter ended December 2024, reflecting a year-over-year increase of 1.6% and an EPS of $1.59, up from $1.24 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 $1.52 by 4.61% [1] Financial Performance Metrics - External Sales in the Americas Beverage segment were $1.33 billion, slightly below the estimated $1.37 billion, marking a 2% increase year-over-year [4] - European Beverage segment sales reached $456 million, surpassing the average estimate of $453.77 million, with a significant year-over-year increase of 16.3% [4] - Transit Packaging external sales were $511 million, below the estimated $516.83 million, representing a year-over-year decline of 5.6% [4] - Other segments reported external sales of $303 million, exceeding the estimate of $299.13 million, with a year-over-year change of -1% [4] - Asia Pacific external sales were $308 million, slightly above the estimate of $306.06 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 $256.84 million [4] - European Beverage segment income was $51 million, exceeding the average estimate of $49.03 million [4] - Transit Packaging segment income was $59 million, below the average estimate of $70.42 million [4] - Other segments reported segment income of $33 million, significantly above the average estimate of $14.45 million [4] - Corporate and other segments had a segment income of -$38 million, slightly better than the average estimate of -$39.33 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]