Crown Holdings Pops On Fizzy Q2 Results And Guidance
CCKCrown Holdings(CCK) Seeking Alpha·2024-07-23 11:35

Susumu Yoshioka After the market closed on July 22nd, the management team at global packaging company Crown Holdings (NYSE:CCK) announced financial results covering the second quarter of the company's 2024 fiscal year. Even though revenue fell short of analysts' expectations, both earnings per share and adjusted earnings per share came in higher than anticipated. In addition to this, management increased earnings guidance for 2024 in its entirety. This sent shares up about 5.9% in after-hours trading. Truth ...