secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001219601-22-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Holdings Q2 adjusted EPS $2.10, revenue $3.5B; guides FY adjusted EPS $7.65-$7.85
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- Q2 reported EPS $2.43 vs $0.95; adjusted EPS $2.10 vs $2.14; revenue $3.51B +23%.
- Global beverage can volumes up 4%; two-piece food can volumes up 43%.
- Kiwiplan sale completed for $180M, net after-tax gain $102M.
- Transit Packaging restructuring: $29M charge, expects $60M annual savings, 600 headcount reduction.
- FY 2022 adjusted EPS guidance $7.65-$7.85; Q3 guide $1.75-$1.85; $0.50 FX/energy headwind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000121960122000032/0001219601-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000121960122000032/cck-20220720.htm
  HTML page:      https://secwatch.observer/filing/0001219601-22-000032

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