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Stock impact report

Crown Holdings, Inc. Reports Second Quarter 2019 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
YARDLEY, Pa., July 17, 2019 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2019.Second Quarter ResultsEarnings per share $1.02 versus $0.99 in 2018 Adjusted earnings per share $1.46 versus $1.55 in 2018 Announced new North America beverage can capacity additionsNet sales in the second quarter were $3,035 million compared to $3,046 million in the second quarter of 2018 reflecting $80 million of unfavorable currency translation offset by increased beverage can volumes.Income from operations was $383 million in the quarter compared to $292 million in the second quarter of 2018.  Segment income was $386 million in the second quarter compared to $389 million in the prior year second quarter. Commenting on the quarter, Timothy J. Donahue, President and Chief Executive Officer, stated, "Our overall performance during the quarter was generally in line with expectations.  Strong results throughout our global beverage Show less Read more
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