Crown (CCK) Expected to Announce Earnings on Monday

Crown (NYSE:CCKGet Free Report) is anticipated to release its earnings data after the market closes on Monday, April 28th. Analysts expect Crown to post earnings of $1.25 per share and revenue of $2.82 billion for the quarter. Crown has set its Q1 2025 guidance at 1.200-1.300 EPS and its FY 2025 guidance at 6.600-7.000 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Crown (NYSE:CCKGet Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.08. Crown had a return on equity of 25.12% and a net margin of 3.59%. On average, analysts expect Crown to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Crown Price Performance

NYSE:CCK opened at $85.12 on Monday. The company has a market capitalization of $9.96 billion, a P/E ratio of 23.91, a P/E/G ratio of 1.56 and a beta of 0.79. The company has a quick ratio of 0.80, a current ratio of 1.22 and a debt-to-equity ratio of 1.88. Crown has a 52 week low of $70.84 and a 52 week high of $98.46. The stock’s fifty day moving average is $87.29 and its two-hundred day moving average is $88.37.

Crown Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th were given a $0.26 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $1.04 dividend on an annualized basis and a yield of 1.22%. This is a boost from Crown’s previous quarterly dividend of $0.25. Crown’s dividend payout ratio is presently 29.21%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CCK. UBS Group decreased their price objective on shares of Crown from $113.00 to $108.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Royal Bank of Canada increased their target price on shares of Crown from $113.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Truist Financial upped their price objective on Crown from $103.00 to $104.00 and gave the stock a “hold” rating in a research report on Monday, January 6th. Morgan Stanley upgraded Crown from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $109.00 to $105.00 in a report on Monday, January 13th. Finally, Mizuho lowered their price target on shares of Crown from $110.00 to $100.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $106.00.

Read Our Latest Analysis on Crown

Crown Company Profile

(Get Free Report)

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.

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Earnings History for Crown (NYSE:CCK)

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