Preview Of Crown Holdings, Inc. (CCK) 2Q20 Earnings

111

Crown Holdings, Inc. (NYSE:CCK) is reporting second quarter earnings results on Monday 20th July 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 1.30 per share from $ 2784.05 million in revenue.

For the full year, analysts predict revenues of $ 11263.30 million, while looking forward to income of $ 4.99 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 5.40 ~ $ 5.60 per share

Click Here For More Historical Outlooks Of Crown Holdings, Inc.

Previous Quarter Performance

Crown Holdings, Inc. posted income for the first quarter of $ 1.13 per share, from the revenue of $ 2,757.00 million. The quarterly earnings raised 7.62 percent while revenues expanded 0.07 percent compared with the same quarter last year.
According to street consensus, CCK was expected to report 1Q20 income of $ 0.92 per share from revenue of $ 2732.47 million. The bottom line results beat street analysts by $ 0.21 or 22.83 percent, at the same time, top line results outshined analysts by $ 24.53 million or 0.90 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Crown Holdings, Inc.

Stock Performance

According to the previous trading day, closing price of CCK was $ 68.26, representing a 58.86 % increase from the 52 week low of $ 42.97 and a 15.28 % decrease over the 52 week high of $ 80.57.

The company has a market capital of $ 9.19 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CCK” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other industries.