Consumer Goods | Packaging & Containers | USA
Ball Corp's (BLL) Q1 Earnings Miss, Revenues Top Estimates
Ball Corporation BLL reported first-quarter 2019 adjusted earnings of 49 cents per share, missing the Zacks Consensus Estimate of 50 cents. The reported figure also declined 2% on a year-over-year basis.
On a reported basis, the company posted earnings of 34 cents per share compared with 35 cents per share recorded in the prior-year quarter.
Total revenues remained flat year over year to $2,785 million in the reported quarter. The top line surpassed the Zacks Consensus Estimate of $2,654 million. Higher-than-expected global can demand driven by customers' shifting mix to aluminum packaging and product launches, drove top-line growth.
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https://finance.yahoo.com/news/ball-corp...12125.html
Ball Corp's (BLL) Q1 Earnings Miss, Revenues Top Estimates
Ball Corporation BLL reported first-quarter 2019 adjusted earnings of 49 cents per share, missing the Zacks Consensus Estimate of 50 cents. The reported figure also declined 2% on a year-over-year basis.
On a reported basis, the company posted earnings of 34 cents per share compared with 35 cents per share recorded in the prior-year quarter.
Total revenues remained flat year over year to $2,785 million in the reported quarter. The top line surpassed the Zacks Consensus Estimate of $2,654 million. Higher-than-expected global can demand driven by customers' shifting mix to aluminum packaging and product launches, drove top-line growth.
...
https://finance.yahoo.com/news/ball-corp...12125.html