secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2023-04-24T23:59:59+00:00
Accession:  0001219601-23-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Holdings Q1 adjusted EPS $1.20 beats $1.00-$1.10 guidance; FY outlook reaffirmed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/0001219601-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000121960123000011/cck-20230424.htm
  HTML page:      https://secwatch.observer/filing/0001219601-23-000011

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