Crown Holdings Stock Price, News & Analysis

Crown Holdings announced a cash dividend of 20 cents per share, set for payment on August 19, 2021. Shareholders on record as of August 5, 2021 will be eligible for this dividend. The company operates as a leading global supplier of rigid packaging products, catering to various consumer markets. Its headquarters are located in Yardley, Pennsylvania. This dividend declaration reflects the company's commitment to returning value to shareholders.

Crown Holdings reported strong financial results for Q2 2021, with net sales of $2,856 million, up from $2,137 million in Q2 2020. Adjusted earnings per share rose to $2.14, a 61% increase year-over-year. Beverage can volumes grew 20%, contributing significantly to income from operations of $385 million. The company also repurchased $379 million in shares this year. Outlook for Q3 adjusted earnings is projected between $1.90 and $2.00 per share, with a full-year estimate of $7.30 to $7.40 per share.

Crown Holdings, Inc. (NYSE:CCK) is set to announce its earnings for Q2 2021, concluding on June 30, 2021, after market close on July 19, 2021. A conference call will follow on July 20, 2021, at 9:00 a.m. EDT, where executives will discuss performance results. Investors can join the call via dial-in numbers or listen to a live webcast on the company’s website. Crown Holdings is a prominent global provider of rigid packaging products and services, headquartered in Yardley, Pennsylvania.

Crown Holdings will host a virtual investor event on May 27, 2021, from 9:00 AM to 12:00 PM EDT. Senior management will present on company trends, opportunities, and key metrics, followed by a Q&A session. Registration is available via the provided link and on the company's website. Crown Holdings is a global supplier of rigid packaging products and services to various markets, headquartered in Yardley, Pennsylvania.

Crown Holdings, Inc. (NYSE: CCK) has declared a cash dividend of 20 cents per share, payable on May 20, 2021. This dividend is for shareholders of record as of May 6, 2021. The announcement reflects the company's ongoing commitment to returning value to its shareholders while maintaining a strong financial position in the rigid packaging industry.

Crown Holdings reported strong Q1 2021 financial results with net sales of $3,078 million, a significant increase from $2,757 million in Q1 2020. Earnings per share rose to $1.57 from $0.65, and adjusted earnings reached $1.83 compared to $1.13 the previous year. The company announced an agreement to sell its European Tinplate business, aiming to use proceeds for debt reduction and share repurchases. Beverage can volumes grew by 8%, highlighting strong demand and operational performance despite pandemic challenges.

KPS Capital Partners to acquire EMEA Food and Consumer Packaging Business from Crown Holdings for €2.25 billion. Crown will maintain a 20% stake in the new entity, which focuses on food and consumer products. This company is Europe's largest manufacturer of steel and aluminum food packaging, generating €2.0 billion annually and employing around 6,300 staff across 44 facilities. The transaction is expected to close in Q3 2021, pending customary approvals.