$CCK Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $3.67B (Est. $3.35B) 🟢; +16% YoY
🔹 Adj. EPS: $2.49 (Est. $2.15) 🟢; +16% YoY
🔹 Global Beverage Can Volumes: +5%
Raises FY26 Guide:
🔹 Adj. EPS: $8.30-$8.50; raised from $7.90-$8.30 (Est. $8.1) 🟢
🔹 Adj. Free Cash Flow: At least $900M
Segment Net Revenue:
🔹 Americas Beverage: $1.699B; vs $1.405B LY
🔹 European Beverage: $735M; vs $635M LY
🔹 Asia Pacific: $331M; vs $256M LY
🔹 Transit Packaging: $537M; vs $526M LY
Capital Return:
🔹 Buybacks: $305M
Comments:
🔸 “Global beverage can volume growth of 5% in the quarter was driven by double-digit gains in Asia and increases of 7% and 5% in Europe and North America, respectively, which more than offset softer demand in Latin America.”
🔸 “The global beverage can market remains healthy, our manufacturing network continues to perform at a high level and our balance sheet remains strong. As a result, the Company is raising 2026 adjusted diluted earnings per share guidance from a range of $7.90 to $8.30 to a range of $8.30 to $8.50 and expects third quarter adjusted diluted earnings per share in the range of $2.20 to $2.30.”