earnings
confidence high
sentiment negative
materiality 0.75
Crown Holdings Q3 adjusted EPS $1.46, cuts FY2022 guidance to $6.60-$6.70 from $8.00-$8.20
CROWN HOLDINGS, INC.
2022-Q3 EPS reported
$5.23
revenue$9,931,000,000
- Q3 net sales $3,259M (+12% YoY); segment income $336M vs $379M prior year.
- Reported diluted EPS $1.06; adjusted diluted EPS $1.46 vs $2.03 in 2021.
- Global beverage can volumes grew 6% YoY, led by Brazil, Mexico, Vietnam.
- FY2022 adjusted EPS guidance lowered to $6.60-$6.70, citing $1.00 headwind from USD, energy, interest.
- Repurchased $722M in shares YTD; $2.3B remaining authorization through Dec 2024.