earnings
confidence high
sentiment neutral
materiality 0.70
Ball Q1 comparable EPS $0.68 flat YoY; global can shipments up 3.7%
BALL Corp
2024-Q1 EPS reported
$11.61
revenue$2,874,000,000
- GAAP diluted EPS $11.61 includes $10.93 gain from aerospace sale; net sales $2.87B vs $2.98B.
- Comparable diluted EPS $0.68 vs $0.69 YoY; global beverage can shipments rose 3.7%.
- N. America volumes -2.4% YoY; EMEA +1.1%; South America +26.3% on Brazil shift to cans.
- Reduced debt by $2.8B; returned $245M to shareholders via buybacks and dividends in Q1.
- 2024 outlook: target comparable EPS growth, strong FCF, and >$1.5B shareholder returns.