Earning report under review: Crown Holdings, Inc. (NYSE: CCK)
On Tuesday, Crown Holdings, Inc. (NYSE: CCK) closed with moved down of -0.1% to $72.5. Current traded volume was 796.23 K shares versus to it a typical volume of 1.32 shares. The business holds shares outstanding and market cap of $9.81 B. The stock day range was recorded in between a low of $72.45 and a high $73.38.
Earnings attributable to Crown Holdings in the 3rd quarter was $ 183M contrast to $ 164M in the third quarter of 2018. Stated diluted incomes per share were $ 1.36 in the 3rd quarter of 2019 contrast to $ 1.23 in 2018. Adjusted diluted revenues per share were $ 1.56 contrast to $ 1.71 in 2018.
Net sales in the third quarter were $ 3,084 M contrast to $ 3,174 M in the third quarter of 2018 showing $ 64M of unfavorable currency translation.
Earnings from operations was $ 352M in the quarter contrast to $ 365M in the 3rd quarter of 2018. Section income was $ 395M in the 3rd quarter contrast to $ 415M in the previous year 3rd quarter.
Crown Holdings, Inc. (NYSE: CCK) just recently reported its financial results for the 3rd quarter ended September 30, 2019.
Interest expense was $ 95M in the 3rd quarter of 2019 contrast to $ 105M in 2018 primarily Because of lower debt levels in the current year.
9 Month Results
Net sales for the very first nine months of 2019 increased to $8,874 M contrast to $8,417 M in the first 9 months of 2018 mostly Because of the effect of the Signode acquisition, partly offset by $244M of unfavorable currency translation.
Net income attributable to Crown Holdings in the first 9 months of 2019 was $423M contrast to $386M in the first 9 months of 2018. Specified diluted earnings per share were $3.14 contrast to $2.88 in 2018. Changed diluted incomes per share were $4.07 contrast to $4.20 in 2018.
On Tuesday, Crown Holdings, Inc. (NYSE: CCK) closed with moved down of -0.1% to $72.5. Current traded volume was 796.23 K shares versus to it a typical volume of 1.32 shares. The business holds shares outstanding and market cap of $9.81 B. The stock day variety was recorded between a low of $72.45 and a high $73.38.
Changed totally free cash flow, as defined below, is currently foreseeable to be about $725M for 2019 with capital spending of about $450M.
Interest expenditure was $290M for the first nine months of 2019 contrast to $282M in 2018 mainly Because of greater average arrearage from borrowings incurred to fund the Signode acquisition.
Earnings from operations was $997M in the very first 9 months of 2019 contrast to $878M in 2018. Section earnings in the first nine months of 2019 increased to $1,096 M over the $1,049 M in the previous year duration reflecting the effect of the Signode acquisition offset by $26M of undesirable currency translation.
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