secwatch.observer — SEC 8-K summary
======================================

Issuer:     BALL Corp (BALL)
CIK:        0000009389
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000009389-22-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ball Q2 GAAP loss $0.55/share; comparable EPS $0.82; to close Phoenix, St. Paul plants
--------------------------------------------------------------------------------

- GAAP net loss $174M (incl. $437M Russian impairment) vs. $202M profit in Q2 2021.
- Comparable EPS $0.82 vs. $0.86; sales $4.13B, up 19% YoY on higher aluminum pass-through.
- Ceasing Phoenix, AZ and St. Paul, MN can plants; delaying North Las Vegas facility construction.
- Global beverage can shipments up 3.3%; Aerospace backlog $3.0B, won-not-booked $4.7B.
- Positioned to return ~$1.0B to shareholders via buybacks/dividends in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9389/000000938922000017/0000009389-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9389/000000938922000017/bll-20220804x8k.htm
  HTML page:      https://secwatch.observer/filing/0000009389-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer