earnings
confidence high
sentiment positive
materiality 0.80
Ball Q2 comparable EPS $0.74 beats $0.61 YoY; returns $790M to shareholders in H1
BALL Corp
2024-Q2 EPS reported
$12.21
revenue$5,833,000,000
- GAAP diluted EPS $0.51 vs $0.55; comparable EPS $0.74 vs $0.61; sales $2.96B vs $3.07B.
- Global beverage can shipments +2.8%; global aluminum aerosol shipments +5.6%.
- Segment comparable operating earnings: NCA $210M (+$35M), EMEA $113M (+$15M), S. America $37M (+$7M).
- Returned $790M via buybacks and dividends in H1 2024; on track to exceed $1.6B for full year.
- Guides mid-single digit+ comparable EPS growth in 2024, >10% per annum growth in 2025 and beyond.