Crown Holdings: Earnings Preview
Crown Holdings (NYSE: CCK) is set to release its quarterly earnings results after the closing bell on Tuesday. Wall Street analysts are projecting that the company will report earnings per share of $0.83. The high estimate is at $0.85 with the low estimate coming in at $0.78. This compares to the $0.67 that the company reported in the year ago quarter.
On the revenue front, analysts have consensus revenue estimates of $2.19 billion, implying year over year growth of 9.10%. In last year's corresponding quarter, the company reported $2.01 billion in revenue.
Over the last 3 months, the stock has lost a little more than 5%. Over the last 52-weeks, CCK is up 44%. Going into today's earnings release, Crown Holdings has risen 1.61% to $37.26.
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