Crown Holdings (CCK) to Release Earnings on Wednesday
Crown Holdings (NYSE:CCK) is scheduled to release its Q114 earnings data on Wednesday, April 16th. Analysts expect Crown Holdings to post earnings of $0.51 per share and revenue of $2.02 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Crown Holdings (NYSE:CCK) last released its earnings data on Tuesday, February 4th. The company reported $0.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.50 by $0.02. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter last year, the company posted $0.51 earnings per share. Crown Holdings’s revenue was up 1.7% compared to the same quarter last year. On average, analysts expect Crown Holdings to post $3.27 EPS for the current fiscal year and $3.69 EPS for the next fiscal year.
Crown Holdings (NYSE:CCK) opened at 44.70 on Tuesday. Crown Holdings has a 1-year low of $37.29 and a 1-year high of $46.04. The stock’s 50-day moving average is $44.49 and its 200-day moving average is $43.23. The company has a market cap of $6.087 billion and a price-to-earnings ratio of 19.21.
A number of research firms have recently commented on CCK. Analysts at Barclays raised their price target on shares of Crown Holdings from $48.00 to $51.00 in a research note on Monday. They now have an “overweight” rating on the stock. On the ratings front, analysts at Credit Suisse reiterated a “neutral” rating on shares of Crown Holdings in a research note on Wednesday, April 9th. They now have a $50.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Crown Holdings to $53.00 in a research note on Wednesday, April 2nd. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $49.38.
Crown Holdings, Inc is engaged in designing, manufacturing and sale of packaging products for consumer goods.
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