{"schema_version":"secwatch.filing_event.v1","accession":"0001219601-23-000011","form_type":"8-K","ticker":"CCK","cik":"0001219601","company_name":"CROWN HOLDINGS, INC.","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.184492+00:00","generated_at":"2026-06-16T18:29:56.396449+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Crown Holdings Q1 adjusted EPS $1.20 beats $1.00-$1.10 guidance; FY outlook reaffirmed","bullets":["Q1 net sales $2,974M vs $3,162M YoY; reported diluted EPS $0.85 vs $1.74.","Adjusted diluted EPS $1.20 beat guidance range of $1.00-$1.10; segment income $320M vs $383M.","Americas Beverage volumes up 6% (North America +4%); $83M distribution from Eviosys.","Full-year guidance reaffirmed: adjusted diluted EPS $6.20-$6.40; adjusted EBITDA growth 8-12%.","Q2 adjusted diluted EPS expected $1.60-$1.70; higher interest and pension headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001219601-23-000011","json":"https://secwatch.observer/filing/0001219601-23-000011.json","markdown":"https://secwatch.observer/filing/0001219601-23-000011.md","text":"https://secwatch.observer/filing/0001219601-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/0001219601-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/cck-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:29:56.396449+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40339d32cdb79d1d13438e29bae16abd15ba9c70","claim":"CROWN HOLDINGS, INC. reported first quarter ended March 31, 2023 results: revenue $2,974 million, net income $102 million, EPS $0.85.","evidence_excerpt":"Net sales in the first quarter were $2,974 million compared to $3,162 million in the first quarter of 2022 reflecting higher beverage can volumes in Americas Beverage, offset by lower volumes across most other businesses, the pass through of approximately $100 million in lower steel and aluminum costs and unfavorable foreign currency translation of $36 million. Income from operations was $269 million in the first quarter compared to $344 million in the first quarter of 2022. Segment income in the first quarter of 2023 was $320 million compared to $383 million in the prior year first quarter as benefits from the contractual recovery of prior years’ inflationary cost increases in European Beverage and cost reduction initiatives in Transit Packaging were offset by $60 million of year over year inventory impact of steel repricing in the Other segment and lower volumes. Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, “Operating results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/0001219601-23-000011-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$2,974 million"},{"label":"Net income","value":"$102 million"},{"label":"EPS","value":"$0.85"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"619308ad96467bfe3b32b4096fd262522f646cf3","claim":"CROWN HOLDINGS, INC. reported second quarter 2023 results: EPS $1.60 to $1.70. Guidance initiated.","evidence_excerpt":"Second quarter adjusted diluted earnings per share is expected to be in the range of $1.60 to $1.70 which includes headwinds from higher interest and pension expense.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/0001219601-23-000011-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"EPS","value":"$1.60 to $1.70"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}