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0 -0.0141033434650456 -0.0141033434650456 0.0182370820668693 -0.0119148936170212 0.00559270516717335 0.00693009118541042 0.00559270516717335
Stock impact report

CROWN HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS

Crown Holdings, Inc. (CCK) 
Last crown holdings, inc. earnings: 4/20 04:30 pm Check Earnings Report
US:NYSE Investor Relations: crowncork.com/investors
Company Research Source: PR Newswire
TAMPA, Fla., April 29, 2024 /PRNewswire/ -- 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 reflecting higher beverage can shipments in Americas and European Beverage and favorable foreign currency of $10 million, offset by the pass through of $130 million in lower material costs and lower volumes in most other businesses.Income from operations was $245 million in the first quarter compared to $269 million in the first quarter of 2023.  Segment income in the first quarter of 2024 was $308 million compared to $320 million in the prior year first quarter driven by improved results in global beverage offset by lower volumes in most other businesses and $12 million in higher corporate costs which includes $8 million of costs related to a facility fire.Commenting on the quarter, Timothy J. Donahue, Chairman, President a Show less Read more
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