Crown (CCK) Set to Announce Earnings on Wednesday

Share on StockTwits

Crown (NYSE:CCK) will post its quarterly earnings results after the market closes on Wednesday, July 17th. Analysts expect Crown to post earnings of $1.50 per share for the quarter.

Crown (NYSE:CCK) last posted its quarterly earnings results on Wednesday, April 17th. The industrial products company reported $1.05 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.05. Crown had a return on equity of 54.33% and a net margin of 3.86%. The firm had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the company earned $0.94 earnings per share. The business’s revenue for the quarter was up 25.4% on a year-over-year basis. On average, analysts expect Crown to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Crown stock opened at $60.54 on Tuesday. Crown has a one year low of $39.05 and a one year high of $63.39. The stock has a fifty day moving average of $59.63. The company has a quick ratio of 0.65, a current ratio of 1.20 and a debt-to-equity ratio of 5.87. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 11.64, a P/E/G ratio of 1.64 and a beta of 1.59.

A number of equities analysts have recently commented on the company. Morgan Stanley set a $60.00 price target on Berry Global Group and gave the stock a “hold” rating in a report on Wednesday, April 17th. Deutsche Bank raised their price target on Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Zacks Investment Research lowered Great Portland Estates from a “hold” rating to a “sell” rating in a report on Tuesday, April 16th. Wells Fargo & Co set a $9.00 price target on Bausch Health Companies and gave the stock a “sell” rating in a report on Friday, May 17th. Finally, Citigroup raised their price target on Silgan from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Crown has a consensus rating of “Hold” and an average price target of $63.22.

In related news, COO Gerard H. Gifford sold 10,000 shares of Crown stock in a transaction on Monday, June 10th. The stock was sold at an average price of $60.79, for a total transaction of $607,900.00. Following the completion of the sale, the chief operating officer now owns 152,292 shares of the company’s stock, valued at $9,257,830.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John W. Conway sold 129,000 shares of Crown stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $58.06, for a total value of $7,489,740.00. Following the sale, the director now directly owns 1,156,677 shares of the company’s stock, valued at approximately $67,156,666.62. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

Crown Company Profile

Crown Holdings, Inc designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other industries.

Read More: Dow Jones Industrial Average (DJIA)

Earnings History for Crown (NYSE:CCK)

Receive News & Ratings for Crown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Continental Resources, Inc.  Given Consensus Recommendation of “Buy” by Brokerages
Continental Resources, Inc. Given Consensus Recommendation of “Buy” by Brokerages
Bruker Co.  Receives $49.20 Consensus Price Target from Analysts
Bruker Co. Receives $49.20 Consensus Price Target from Analysts
Rio Tinto plc ADR  Receives Average Rating of “Hold” from Brokerages
Rio Tinto plc ADR Receives Average Rating of “Hold” from Brokerages
Crescent Point Energy Corp  Receives Average Recommendation of “Buy” from Analysts
Crescent Point Energy Corp Receives Average Recommendation of “Buy” from Analysts
Eastgroup Properties Inc  Given Consensus Recommendation of “Hold” by Brokerages
Eastgroup Properties Inc Given Consensus Recommendation of “Hold” by Brokerages
Brokerages Set Canadian National Railway  Price Target at C$125.09
Brokerages Set Canadian National Railway Price Target at C$125.09


© 2006-2019 Ticker Report