secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001219601-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Holdings Q4 adjusted EPS $1.17, down from $1.66; 2023 guidance $6.20-$6.40 below $6.75 adjusted in 2022
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- Q4 net sales $3,012M, down from $3,054M; segment income $292M vs $357M.
- Q4 reported diluted EPS $0.74; adjusted diluted EPS $1.17 vs $1.66 prior year.
- Full year 2022: net sales $12,943M, reported EPS $5.99, adjusted EPS $6.75.
- Repurchased $722M of shares (6.4M shares); remaining authorization $2.3B through Dec 2024.
- 2023 guidance: adjusted EPS $6.20-$6.40, adj. EBITDA growth 8-12%, Q1 adj. EPS $1.00-$1.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000121960123000004/0001219601-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000121960123000004/cck-20230207.htm
  HTML page:      https://secwatch.observer/filing/0001219601-23-000004

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