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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
ๅ‚ๅŠ  March 2022
996 ใƒ•ใ‚ฉใƒญใƒผไธญ    215.1K ใƒ•ใ‚กใƒณ
CROWN HOLDINGS $CCK Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $3.71B (Est. $3.44B) ๐ŸŸข; +16% YoY ๐Ÿ”น Adj. EPS: $2.39 (Est. $2.26) ๐ŸŸข; +7% YoY ๐Ÿ”น Segment Income: $484M; -1% YoY ๐Ÿ”น Global Beverage Can Volumes: +6% YoY FY26 Guide: ๐Ÿ”น Adj. EPS: $8.35-$8.45 (Est. $8.41) ๐ŸŸก ๐Ÿ”น Adj. Free Cash Flow: At least $950M ๐Ÿ”น Capital Spending: ~$550M Q4 Guide: ๐Ÿ”น Adj. EPS: $1.63-$1.73 (Est. $1.80) ๐Ÿ”ด Segment Net Sales: ๐Ÿ”น Americas Beverage: $1.70B ๐Ÿ”น European Beverage: $772M ๐Ÿ”น Asia Pacific: $321M ๐Ÿ”น Transit Packaging: $520M ๐Ÿ”น Other: $398M Segment Income: ๐Ÿ”น Americas Beverage: $259M ๐Ÿ”น European Beverage: $109M ๐Ÿ”น Asia Pacific: $46M ๐Ÿ”น Transit Packaging: $60M ๐Ÿ”น Other: $51M Other Q3 Metrics: ๐Ÿ”น GAAP EPS: $2.08; +12% YoY ๐Ÿ”น GAAP Net Income: $225M; +5% YoY ๐Ÿ”น Adj. Free Cash Flow: $299M ๐Ÿ”น Net Leverage Ratio: 2.5x Key Updates: ๐Ÿ”น Intangibles amortization: $34M ($0.31/share) ๐Ÿ”น Restructuring and other: $8M ($0.07/share) ๐Ÿ”น Income taxes: -$8M (-$0.07/share) ๐Ÿ”น Pass-through of higher material costs: $405M ๐Ÿ”น Share repurchases: $81M during the quarter ๐Ÿ”น Uttar Pradesh plant groundbreaking commenced in September; commercial start-up expected in Q1 2028 Comments: ๐Ÿ”ธ โ€œGlobal beverage can shipments advanced by more than 6% in the quarter, driven by double-digit gains in Asia, a 6% increase in North America and 4% growth across Europe.โ€
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