---
schema_version: "secwatch.filing_event.v1"
accession: "0001219601-23-000029"
form_type: "8-K"
ticker: "CCK"
cik: "0001219601"
company_name: "CROWN HOLDINGS, INC."
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:20:23.650186+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crown Holdings Q3 adjusted EPS $1.73, up from $1.46; FY23 guidance $6.00-$6.10

## Summary
- Q3 net sales $3,069M (down 5.8% YoY); segment income $430M (up 28% from $336M).
- Adjusted diluted EPS $1.73 vs $1.46 in Q3 2022; reported EPS $1.33 vs $1.06.
- North America beverage can volumes up 13%; European Beverage benefited from cost recovery; Transit Packaging improved.
- Full-year 2023 adjusted EPS guidance $6.00-$6.10; Q4 adjusted EPS $1.40-$1.50; free cash flow ~$500M.
- Acquired Helvetia Packaging in early October; net leverage reduced to 3.5x from ~4.0x three months prior.

## SEC filing metadata
- accession: 0001219601-23-000029
- form_type: 8-K
- ticker: CCK
- cik: 0001219601
- company_name: CROWN HOLDINGS, INC.
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1219601/000121960123000029/0001219601-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1219601/000121960123000029/cck-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001219601-23-000029
- JSON: https://secwatch.observer/filing/0001219601-23-000029.json
- Plain text: https://secwatch.observer/filing/0001219601-23-000029.txt

## Key facts
- Earnings Releases
  CROWN HOLDINGS, INC. reported the third quarter ended September 30, 2023 results: revenue $3,069 million, net income $159 million, EPS $1.33. Guidance raised.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $3,069 million
  - Net income: $159 million
  - EPS: $1.33
  - Guidance: raised
  - Result: reported results
  source text: Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2023. Net sales in the third quarter were $3,069 million compared to $3,259 million in the third quarter of 2022 reflecting higher beverage can volumes in North America and favorable foreign currency translation of $60 million, offset by lower volumes across most other businesses and the pass through of $187 million in lower material costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1219601/000121960123000029/0001219601-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.