Crown Holdings receives Investment Bank Analyst Rating Update
Crown Holdings (NYSE:CCK) reported Q2 EPS of $2.43, $0.42 better than the analyst estimate of $2.01. Revenue for the quarter came in at $3.51 billion versus the consensus estimate...
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Crown Holdings, Inc. is engaged in the design, manufacture, and sale of packaging products for consumer goods and industrial products. Its packaging for industrial products includes steel and plastic consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment. It operates under various segments: Americas Beverage, European Beverage, Asia Pacific and Transit Packaging. Americas Beverage segment manufactures aluminum beverage cans and ends, glass bottles, steel crowns and aluminum caps. European Beverage segment manufactures aluminum beverage cans and ends in Europe, the Middle East and North Africa. Asia Pacific segment consists of beverage can operations in Cambodia, China, Indonesia, Malaysia, Myanmar, Singapore, Thailand and Vietnam and also includes non-beverage can operations, primarily food cans and specialty packaging. Its Transit Packaging segment includes its industrial and protective solutions and equipment and tools businesses.
|Average||137.20 (+65.76% Upside)|
|No. of Analysts||15|