secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2022-10-24T23:59:59+00:00
Accession:  0001219601-22-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Holdings Q3 adjusted EPS $1.46, cuts FY2022 guidance to $6.60-$6.70 from $8.00-$8.20
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000121960122000040/0001219601-22-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000121960122000040/cck-20221024.htm
  HTML page:      https://secwatch.observer/filing/0001219601-22-000040

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