Crown Holdings (CCK) Surpasses Q2 Earnings and Revenue Estimates

Group 1 - Crown Holdings reported quarterly earnings of $2.15 per share, exceeding the Zacks Consensus Estimate of $1.86 per share, and up from $1.81 per share a year ago, representing an earnings surprise of +15.59% [1] - The company posted revenues of $3.15 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.39%, and an increase from $3.04 billion year-over-year [2] - Crown has outperformed the S&P 500 with a stock price increase of about 28.5% since the beginning of the year, compared to the S&P 500's gain of 7.1% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $1.98 on revenues of $3.16 billion, and for the current fiscal year, it is $7.11 on revenues of $12.16 billion [7] - The Containers - Metal and Glass industry, to which Crown belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook [8] Group 3 - The estimate revisions trend for Crown was mixed ahead of the earnings release, 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]