Earnings Alerts

Crown Holdings (CCK) Earnings Surpass Estimates with Strong 3Q Adjusted EPS Forecast

  • For the third quarter, Crown Holdings forecasts adjusted earnings per share (EPS) of $1.95 to $2.05, exceeding estimates of $1.93.
  • In the second quarter, adjusted EPS reached $2.15, a notable increase from $1.81 the previous year, and surpassed the estimate of $1.87.
  • Net sales for the second quarter totaled $3.15 billion, a 3.6% rise year-over-year, outpacing the estimate of $3.11 billion.
  • Strong performance in the Americas beverage sector, with revenue up 6% to $1.41 billion, beating the estimate of $1.35 billion.
  • European beverage revenue climbed 13% to $635 million, exceeding the projected $600.5 million.
  • Asia Pacific revenue fell 12% to $256 million, missing the estimate of $284.9 million.
  • Transit packaging revenue decreased 4.4% to $526 million, slightly below the estimate of $530.5 million.
  • Operating income reached $391 million, up 3.2% year-over-year, but fell short of the $432.2 million estimate.
  • Adjusted free cash flow for the quarter rose 8.9% to $393 million.
  • The full-year guidance for adjusted diluted EPS has been raised to a range of $7.10 to $7.50.
  • Projected adjusted free cash flow for 2025 is approximately $900 million, with capital spending around $450 million and an expected effective tax rate of 25%.
  • Americas and Europe beverage segments showed significant operating income growth of 10% year-over-year.
  • The company plans to enhance its return of cash to shareholders due to strong performance in the first half of 2025.
  • The industrial environment remains challenging for transit packaging, but cost reduction efforts are stabilizing results.
  • Current analyst recommendations include 11 buys, 5 holds, and no sells.

Crown Holdings on Smartkarma

Analysts at Baptista Research on Smartkarma are bullish on Crown Holdings, highlighting the company’s strong financial performance in recent quarters. In their report titled “Crown Holdings Battles Tariff Headwinds & Hopes To Win With Strategic Cost Control!”, they point out that Crown Holdings exceeded expectations in the first quarter of 2025 with earnings per share of $1.65, a substantial increase from the prior year. This growth was driven by a 3.7% rise in net sales, attributed to gains in global beverage can volumes and North American food can volumes.

In another report by Baptista Research titled “Crown Holdings: Here Are the 6 Key Drivers Shaping Its Performance for 2025 & Beyond!”, analysts discuss the company’s fourth-quarter performance for 2024, noting significant growth and operational improvements. Despite some challenges, Crown Holdings reported earnings per share of $3.02 for the quarter, with adjusted earnings per share at $1.59, surpassing the previous year’s figure. The analysts emphasize key drivers that are expected to shape Crown Holdings‘ performance in the future, indicating a positive outlook for the company.


A look at Crown Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Crown Holdings has a promising long-term outlook. With a high Growth score of 5, indicating strong potential for expansion and development, the company shows promise for future advancement in the packaging industry. Additionally, a Momentum score of 4 suggests positive market momentum and investor interest in Crown Holdings.

Although the company’s Value and Dividend scores are moderate at 2, its Resilience score of 3 indicates a decent ability to withstand economic challenges. With its global presence and diverse range of packaging products, Crown Holdings seems well-positioned to navigate market fluctuations and sustain its operations effectively.

### Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods through plants located in countries around the world. The Company’s primary products include steel and aluminum cans for food, beverage, household, and other consumer products. Crown also provides a variety of metal caps, closures, and dispensing systems. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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