Crown Holdings Q3 adjusted EPS $2.39, up 7%; net sales $3.71B; FY guidance $8.35-$8.45

CROWN HOLDINGS, INC.

Diluted EPS $2.08 vs $1.85; adjusted diluted EPS $2.39 vs $2.24, up 7%; net income $225M vs $214M.
Net sales $3,711M vs $3,202M on 6% higher global beverage can volumes and pass-through of $405M higher material costs.
Segment income $484M vs $490M as volume gains were offset by input cost inflation; income from operations $442M vs $423M.
FY 2026 adjusted diluted EPS guidance $8.35-$8.45; adjusted free cash flow at least $950M after capex of about $550M; Q4 adjusted EPS $1.63-$1.73.
Repurchased $81M of stock in Q3, nearly 6% of shares outstanding over 12 months; net leverage 2.5x adjusted EBITDA.

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