Crown Holdings (CCK) Q1 Earnings Beat, Sales Lag Estimates

Crown Holdings, Inc. (CCK) reported first-quarter 2024 adjusted earnings per share (EPS) of $1.02, which beat the Zacks Consensus Estimate of 96 cents and also the company guidance of 90 cents-$1.00. The bottom line, however, declined 15% year over year as improved results in global beverage were offset by lower volumes in other businesses.Including one-time items, the company reported earnings from continuing operations of 56 cents per share compared with 85 cents in the prior-year quarter.Net sales totale ...