Crown Holdings (CCK) Tops Q1 Earnings and Revenue Estimates

Group 1: Earnings Performance - Crown Holdings reported quarterly earnings of $1.67 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, and up from $1.02 per share a year ago, representing an earnings surprise of 36.89% [1] - The company posted revenues of $2.89 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.77%, compared to $2.78 billion in the same quarter last year [2] - Over the last four quarters, Crown has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Crown shares have increased approximately 8% since the beginning of the year, while the S&P 500 has declined by 6.1% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.83 for the coming quarter and $6.75 for the current fiscal year [7] - The Zacks Industry Rank for Containers - Metal and Glass is in the top 39% of over 250 Zacks industries, indicating a favorable industry outlook [8] Group 3: Estimate Revisions and Future Expectations - The estimate revisions trend for Crown is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - It will be important to monitor how estimates for the coming quarters and the current fiscal year change following the recent earnings report [7]