Ball Stock Price, News & Analysis

Ball Aerospace successfully launched a prototype payload on January 3, 2023, as part of Loft Orbital's YAM-5 mission aboard a SpaceX rocket. The payload, equipped with Linux-based software, is designed for real-time data processing and features containerized applications adjustable on-orbit. Developed in just eight months, it aims to optimize space data processing, leveraging Microsoft’s Azure Orbital Space SDK. The collaboration demonstrates Ball's commitment to innovative and efficient solutions in low-Earth orbit operations, enhancing capabilities for future missions and reducing engineering costs.

Ball Corporation (NYSE: BALL) announced the election of Daniel W. Fisher as chairman of the board, effective April 26, 2023, during the annual shareholders meeting. Fisher, who has been with Ball since 2010 and became CEO in 2022, replaces John A. Hayes, the former chairman since 2013, who will not seek re-election. Fisher's leadership has been recognized for navigating challenges in the macroeconomic environment while driving the company's vision for sustainability and innovation. Ball Corporation reported 2022 net sales of $15.35 billion and employs approximately 21,000 people worldwide.

Ball Aerospace has secured a subcontract for the NOVASTAR program under the National Air and Space Intelligence Center (NASIC) at Wright-Patterson Air Force Base. This 11-year agreement will provide scientific and technical intelligence support to the U.S. Air Force and Department of Defense. Steven Smith, VP at Ball Aerospace, emphasizes the use of advanced technologies to assist decision-makers and support military personnel. The contract builds on decades-long collaboration with NASIC, previously including work on the MEGASTAR program. Ball Aerospace aims to deliver innovative solutions enhancing national security.

Ball Corporation (NYSE: BALL), a leader in aluminum packaging and aerospace technologies, will present at the BofA Securities 2023 Global Agriculture & Materials Conference on March 1, 2023. Executive Vice President and CFO Scott C. Morrison will speak at 9:30 a.m. Eastern Time. Investors can access the live webcast via the provided link and view the replay for 90 days afterward on the company's investor relations page. Ball Corporation reported $15.35 billion in net sales for 2022 and employs approximately 21,000 people worldwide, specializing in sustainable packaging solutions and aerospace technologies.

Ball Corporation, a leader in aluminum packaging and aerospace technologies, will present at the 2023 Barclays Industrials Select Conference on February 22, 2023, at 10:20 a.m. Eastern time. CEO Daniel W. Fisher and CFO Scott C. Morrison will lead the discussion, available via live webcast. A replay will be accessible for 90 days afterward on the company's investor relations website. In 2022, Ball Corporation reported net sales of $15.35 billion and employs approximately 21,000 people worldwide, providing sustainable solutions across various sectors. Investors can find more details at www.ball.com/investors.

Ball Corporation reported its 2022 financial results, highlighting a full-year GAAP diluted EPS of $2.25 on sales of $15.35 billion, down from $2.65 in 2021. The fourth quarter saw a diluted EPS of 17 cents on $3.55 billion sales, compared to 90 cents on $3.67 billion in the previous year. Beverage can shipments decreased, particularly in the fourth quarter, with a 6.1% decline globally. However, aerospace backlog increased 20% to $3.0 billion. The company aims for diluted EPS growth of 10-15% in 2023, despite challenges from inflation and the impact of the Russian business sale.

Ball Corporation (NYSE: BALL) announced a cash dividend of 20 cents per share, set for payment on March 15, 2023, to shareholders on record as of March 1, 2023. This declaration reflects the company’s commitment to returning value to its shareholders. The board also confirmed that the fourth quarter 2022 earnings report will be released on February 2, 2023, at 9 a.m. MT. Shareholders can participate in the earnings call by dialing the specified numbers or joining via webcast. Ball Corporation is known for its sustainable packaging solutions and reported 2021 net sales of $13.8 billion.

Ball Aerospace has successfully completed the spacecraft bus for the Weather System Follow-on-Microwave (WSF-M) satellite, a project for the U.S. Space Force. Final environmental testing on the Microwave Imager (MWI) instrument was also concluded, with subsequent steps including final vehicle assembly and integration underway. WSF-M aims to enhance environmental prediction capabilities for the Department of Defense, addressing critical gaps in monitoring ocean surface winds and space weather. Ball has also secured a contract modification to develop a second WSF-M vehicle, targeted for completion by late 2027.