Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
- CCK reported Q1 EPS of $1.02, above consensus, with a 15% YoY decline. - Net sales were $2.78 billion, missing estimates, showed a 6% YoY decrease. - Gross profit dipped by 5% YoY, but margins increased to 19.3%. - Crown Holdings projects Q2 adjusted EPS of $1.55-$1.65 and full-year EPS of $5.80-$6.20. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
- CCK reported Q1 EPS of $1.02, above consensus, with a 15% YoY decline.
- Net sales were $2.78 billion, missing estimates, showed a 6% YoY decrease.
- Gross profit dipped by 5% YoY, but margins increased to 19.3%.
- Crown Holdings projects Q2 adjusted EPS of $1.55-$1.65 and full-year EPS of $5.80-$6.20.
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