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Crown Holdings (CCK) To Report Earnings Tomorrow: Here Is What To Expect
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Metal packaging products manufacturer Crown Holdings (NYSE:CCK) will be reporting earnings this Monday after the bell. Here’s what to expect.

Crown Holdings beat analysts’ revenue expectations last quarter, reporting revenues of $3.67 billion, up 16.5% year on year. It was an exceptional quarter for the company, with full-year EPS guidance exceeding analysts’ expectations and a beat of analysts’ EPS estimates.

Is Crown Holdings a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Crown Holdings’s revenue to grow 6.9% year on year, improving from the 4.2% increase it recorded in the same quarter last year.

Crown Holdings Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Crown Holdings has a history of exceeding Wall Street’s expectations.

Looking at Crown Holdings’s peers in the industrials segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Richardson Electronics delivered year-on-year revenue growth of 18.9%, beating analysts’ expectations by 10.1%, and Apogee reported revenues up 9.2%, topping estimates by 11.3%. Richardson Electronics’s stock price was unchanged after the resultswhile Apogee was up 15.3%.

Read our full analysis of Richardson Electronics’s results here and Apogee’s results here.

Over the past year, investors have repeatedly shifted their focus from one macro narrative to another (AI disruption and AI capex spending to geopolitics, interest rates, and the broader health of the economy). While some of the industrials stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.1% on average over the last month. Crown Holdings is up 4.5% during the same time and is heading into earnings with an average analyst price target of $134.93 (compared to the current share price of $114.15).

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