Crown Holdings press launch (NYSE:CCK): This autumn Non-GAAP EPS of $1.24 misses by $0.19. Income of $2.86B (-5.0% Y/Y) misses by $100M. The Firm at present estimates full 12 months 2024 adjusted diluted earnings per share to be within the vary of $5.80 to $6.20, vs. consensus of $6.80, in comparison with $5.86 in 2023 …
The Firm at present estimates full 12 months 2024 adjusted diluted earnings per share to be within the vary of $5.80 to $6.20, vs. consensus of $6.80, in comparison with $5.86 in 2023 reflecting demand softness within the Firm’s beverage can making gear and North American aerosol companies, and a shopper that is still beneath stress in most markets. We anticipate a tax charge of roughly 25% and money supplied by working actions of roughly $1.23 billion.
First quarter adjusted diluted earnings per share is anticipated to be within the vary of $0.90 to $1.00, vs. consensus of $1.43
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