Beer can maker Ball Corp lags sales estimates on slowing demand [Yahoo! Finance]
Ball Corporation (BALL)
Company Research
Source: Yahoo! Finance
The world's largest supplier of beer cans is navigating a complex economic landscape, as shoppers adjust their spending habits and prioritize essentials over discretionary goods. The convergence of inflationary pressures on consumers and companies' shifting pricing actions have led to significant volatility in the market. In key markets such as the U.S. and Europe, elevated retail prices have resulted in decreased consumer spending, posing significant challenges for Ball Corp. Its quarterly net sales fell 3.5% to $2.87 billion. Analysts had expected $3.23 billion, according to LSEG data. The beverage sector remains under pressure as budget-constrained consumers have reduced consumption of specialty beverages and bottled beer, which tend to be more packaging intensive. However, Ball Corp earned comparable profit of 68 cents per diluted share in the three months ended March 31, exceeding LSEG estimates of 56 cents per share. (Reporting by Annett Mary Manoj in Bengaluru; Editi
Show less
Read more
Impact Snapshot
Event Time:
BALL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BALL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BALL alerts
High impacting Ball Corporation news events
Weekly update
A roundup of the hottest topics
BALL
News
- Ball Co. (NYSE: BALL) had its price target raised by analysts at JPMorgan Chase & Co. from $59.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Ball Corporation (NYSE:BALL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Northeast Pennsylvania's 'Inland Triangle' is the new Inland Empire [Yahoo! Finance]Yahoo! Finance
- Ball Co. (NYSE: BALL) had its price target raised by analysts at Wells Fargo & Company from $65.00 to $69.00. They now have an "equal weight" rating on the stock.MarketBeat
- Ball Co. (NYSE: BALL) had its price target raised by analysts at Royal Bank of Canada from $74.00 to $82.00. They now have an "outperform" rating on the stock.MarketBeat
BALL
Earnings
- 4/26/24 - Beat
BALL
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- BALL's page on the SEC website