Crown Lifts Guidance And Shares Pop Like A Fresh Soda
2 Minute Read
Crown Holdings just reminded Wall Street that even “boring” packaging can throw a block party. The can-maker beat Q3 expectations—posting adjusted EPS of $2.24 vs. $1.99 consensus and revenue of ~$3.2B vs. ~$3.13B—thanks in part to double-digit beverage-can growth in Europe. Consider it the aluminum equivalent of a stadium wave: European beverage volumes +12% helped lift the region’s segment income +27%.
Then management cracked open the best part: guidance. Crown lifted its FY2025 adjusted EPS outlook to $7.70–$7.80 (from $7.10–$7.50) and reiterated its confidence in generating about $1B in adjusted free cash flow—a tidy reminder that cans can fund plans. The company also guided Q4 EPS to $1.65–$1.75, giving investors a neat, labeled six-pack of numbers to take home. Markets noticed. Shares jumped roughly 9% premarket after the print and outlook, as traders briefly treated Crown like a growth-tech cameo—proof that dependable cash flow and operating leverage can still steal a scene in an earnings season blockbuster. Management credited improved global manufacturing performance and European demand, while acknowledging mixed volumes elsewhere. In other words, the results came more from “balanced diet” than sugar rush. For a company that literally keeps the bubbles in, today’s pop was refreshingly on brand.
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* Financial Data Delayed
* Financial Data Delayed
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