Crown Holdings Q1 net sales $2.78B, adj. EPS $1.02, down from $1.20; FY guidance reaffirmed

CROWN HOLDINGS, INC.

2024-Q1 EPS reported $0.56 revenue$2,784,000,000

Net sales $2,784M vs $2,974M; income from operations $245M vs $269M YoY.
Adjusted diluted EPS $1.02; GAAP EPS $0.56 (prior year $0.85).
Global beverage shipments +2.5%; North America +7%, Europe +5%; segment income +11%.
Adjusted free cash flow improved $296M; net leverage improved to 3.4x from 4.1x.
Full-year 2024 adj. EPS guidance reaffirmed $5.80–$6.20; Q2 expected $1.55–$1.65.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CROWN HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $2,784 million, net income $67 million, EPS $0.56. Guidance reaffirmed.

Period: first quarter ended March 31, 2024
Revenue: $2,784 million
Net income: $67 million
EPS: $0.56
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2024. Net sales in the first quarter were $2,784 million compared to $2,974 million in the first quarter of 2023

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Source: SEC EDGAR

accession 0001219601-24-000012

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