Crown Holdings: Earnings Preview

Crown Holdings CCK is set to release its quarterly earnings results after the closing bell on Tuesday. Wall Street analysts are projecting that the company will report earnings per share of $0.83. The high estimate is at $0.85 with the low estimate coming in at $0.78. This compares to the $0.67 that the company reported in the year ago quarter. On the revenue front, analysts have consensus revenue estimates of $2.19 billion, implying year over year growth of 9.10%. In last year's corresponding quarter, the company reported $2.01 billion in revenue. Over the last 3 months, the stock has lost a little more than 5%. Over the last 52-weeks, CCK is up 44%. Going into today's earnings release, Crown Holdings has risen 1.61% to $37.26.