Crown Holdings (NYSE:CCK) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$3.07b (flat on 3Q 2023).
- Net loss: US$175.0m (down by 210% from US$159.0m profit in 3Q 2023).
- US$1.47 loss per share (down from US$1.33 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Crown Holdings EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Packaging industry in the US.
Performance of the American Packaging industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for Crown Holdings you should know about.
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About NYSE:CCK
Crown Holdings
Engages in the packaging business in the United States and internationally.
Reasonable growth potential with adequate balance sheet.
