secwatch.observer — SEC 8-K summary
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Issuer:     BALL Corp (BALL)
CIK:        0000009389
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000009389-23-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ball Q1 GAAP EPS $0.56 vs $1.37; comparable EPS $0.69 vs $0.77; volumes down
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- GAAP diluted EPS $0.56 vs $1.37; comparable EPS $0.69 vs $0.77; sales $3.49B vs $3.72B.
- Global beverage can shipments down 6.7% (incl. Russia divestment); ex-Russia down 1.4%.
- Aerospace op earnings $60M vs $43M; backlog $2.8B, won-not-booked $5.0B.
- Reaffirms FY free cash flow ~$750M; $200M net inflation recovery, $150M cost savings.
- North America op earnings $183M on 4.9% lower volumes; South America $50M vs $78M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/9389/000000938923000020/0000009389-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9389/000000938923000020/bll-20230504x8k.htm
  HTML page:      https://secwatch.observer/filing/0000009389-23-000020

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