Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AlphaVest Acquisition Corp (ATMV) is up 71% at $14.24 [3] - BranchOut Food Inc. (BOF) is up 44% at $3.04 [3] - rYojbaba Co., Ltd. (RYOJ) is up 35% at $5.14 [3] - GSI Technology, Inc. (GSIT) is up 25% at $16.24 [3] - Jowell Global Ltd. (JWEL) is up 18% at $2.02 [3] - General Motors Company (GM) is up 9% at $63.68 [3] - Crown Holdings, Inc. (CCK) is up 8% at $103.00 [3] - Spero Therapeutics, Inc. (SPRO) is up 8% at $2.49 [3] - Sunrun Inc. (RUN) is up 6% at $21.90 [3] - Foxx Development Holdings Inc. (FOXX) is up 5% at $4.50 [3] Premarket Losers - Neuphoria Therapeutics Inc. (NEUP) is down 66% at $5.19 [4] - New Era Energy & Digital, Inc. (NUAI) is down 9% at $5.09 [4] - Odyssey Marine Exploration, Inc. (OMEX) is down 8% at $3.28 [4] - Carbon Revolution Public Limited Company (CREV) is down 7% at $4.86 [4] - Coeur Mining, Inc. (CDE) is down 7% at $20.38 [4] - Hecla Mining Company (HL) is down 6% at $13.50 [4] - Verrica Pharmaceuticals Inc. (VRCA) is down 6% at $4.12 [4] - Sensei Biotherapeutics, Inc. (SNSE) is down 5% at $10.06 [4] - Whitehawk Therapeutics, Inc. (WHWK) is down 5% at $2.52 [4] - Greenidge Generation Holdings Inc. (GREE) is down 5% at $2.07 [4]

Core Insights - Crown Holdings Inc reported better-than-expected third-quarter financial results, with adjusted earnings of $2.24 per share, surpassing the analyst estimate of $2 [1] - The company's quarterly revenue reached $3.2 billion, exceeding the Street estimate of $3.12 billion [1] - Following the positive earnings report, Crown Holdings shares increased by 8.6% to $102.52 in pre-market trading [1] Financial Performance - Adjusted earnings per share (EPS) for the third quarter were $2.24, beating the expected $2 [1] - Quarterly revenue was reported at $3.2 billion, higher than the anticipated $3.12 billion [1] - The company raised its FY25 adjusted EPS guidance, indicating positive future expectations [1]

Group 1: Earnings Expectations - Coca-Cola Co. is expected to report quarterly earnings of 78 cents per share on revenue of $12.39 billion [2] - General Electric Co. is projected to post quarterly earnings of $1.44 per share on revenue of $10.40 billion [2] - General Motors Co. is anticipated to report quarterly earnings of $2.31 per share on revenue of $45.27 billion [2] - Netflix Inc. is expected to report quarterly earnings of $6.97 per share on revenue of $11.51 billion [2] Group 2: Company Performance - Crown Holdings Inc. reported quarterly adjusted earnings of $2.24 per share, exceeding the analyst estimate of $2, with revenue of $3.2 billion, surpassing the Street estimate of $3.12 billion [2] - Crown Holdings shares increased by 8% to $102.00 in after-hours trading following the earnings report [2] - Coca-Cola shares rose 0.3% to $68.64 in after-hours trading [2] - General Electric shares increased by 1.1% to $305.85 in after-hours trading [2] - General Motors shares fell 0.2% to $57.90 in after-hours trading [2] - Netflix shares rose 0.5% to $1,244.97 in after-hours trading [2]

Core Insights - Crown Holdings reported third-quarter earnings with EPS of $2.24, exceeding estimates of $1.98 and showing a year-over-year increase from $1.99 [2][6] - The company achieved revenue of approximately $3.2 billion, surpassing the Zacks Consensus Estimate by 0.34% and improving from $3.07 billion in the same quarter last year [3][6] - The strong performance is attributed to a 12% volume growth in the European Beverage sector, leading to a 27% increase in European segment income [4][6] Financial Performance - The earnings surprise for the quarter was +13.13%, following a +15.59% surprise in the previous quarter [2] - Crown Holdings has consistently surpassed consensus revenue estimates in three of the last four quarters, indicating stable financial growth [3] - The company has a P/E ratio of approximately 19.70 and a price-to-sales ratio of about 0.91, suggesting favorable market valuation [5] Market Dynamics - Global beverage can volumes showed mixed results, with declines in Asia and Latin America offset by double-digit growth in Europe and the Middle East, demonstrating the company's adaptability [4] - The debt-to-equity ratio of approximately 2.24 indicates a higher level of debt compared to equity, reflecting the company's financial strategy [5]

分组1 - Crown Holdings reported quarterly earnings of $2.24 per share, exceeding the Zacks Consensus Estimate of $1.98 per share, and up from $1.99 per share a year ago, representing an earnings surprise of +13.13% [1] - The company achieved revenues of $3.2 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.34% and increasing from $3.07 billion year-over-year [2] - Crown has outperformed the S&P 500 with a share price increase of about 13.5% since the beginning of the year, compared to the S&P 500's gain of 13.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.60 on revenues of $3 billion, and for the current fiscal year, it is $7.38 on revenues of $12.23 billion [7] - The Containers - Metal and Glass industry, to which Crown belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges for stock performance [8] 分组3 - Crown has surpassed consensus EPS estimates in all four of the last quarters, indicating a strong performance trend [2] - The estimate revisions trend for Crown was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

Core Insights - Crown Holdings, Inc. reported strong third-quarter earnings, with adjusted earnings per share of $2.24, surpassing analyst expectations of $2 [2] - The company's quarterly revenue reached $3.2 billion, exceeding the Street estimate of $3.12 billion [2] Financial Performance - Adjusted diluted earnings per share increased by 13% compared to the previous year, while segment income rose by 4% [3] - The European Beverage segment experienced a significant volume growth of 12%, contributing to a 27% increase in European segment income [4] Market Outlook - Crown Holdings raised its fiscal 2025 adjusted EPS guidance from a range of $7.10 to $7.50 to a new range of $7.70 to $7.80, compared to the analyst estimate of $7.39 [4] - The stock price of Crown Holdings increased by 7.51%, reaching $101 in extended trading [5]

Financial Performance - Net sales for Q3 2025 were $3,202 million, up from $3,074 million in Q3 2024, driven by increased shipments in European Beverage and higher material costs of $104 million[3]. - Adjusted diluted earnings per share increased 13% to $2.24 in Q3 2025 compared to $1.99 in Q3 2024, while reported diluted earnings per share were $1.85 compared to a loss of $1.47 in the prior year[5]. - Segment income for Q3 2025 was $490 million, up from $472 million in Q3 2024, primarily due to stronger results in European Beverage and North American tinplate businesses[4]. - Net income attributable to Crown Holdings in Q3 2025 was $214 million, compared to a loss of $175 million in Q3 2024[5]. - For the first nine months of 2025, net sales were $9,238 million, up from $8,898 million in the same period of 2024, reflecting higher shipments in European Beverage and North American food can[6]. - Income from operations for the first nine months of 2025 was $1,179 million, compared to $1,068 million in the first nine months of 2024[7]. - Total net sales for Q3 2025 reached $3,202 million, a 4.2% increase from $3,074 million in Q3 2024[22]. - Segment income for Q3 2025 was $490 million, up 3.8% from $472 million in Q3 2024[22]. - Adjusted net income for Q3 2025 was $259 million, or $2.24 per diluted share, compared to $238 million, or $1.99 per diluted share in Q3 2024[24]. Cash Flow and Capital Expenditures - Cash flows from operating activities for the first nine months of 2025 totaled $1,043 million, an increase from $897 million in the same period of 2024[27]. - Capital expenditures for the first nine months of 2025 were $181 million, compared to $254 million in the same period of 2024[27]. - The company expects to generate approximately $1.0 billion in adjusted free cash flow in 2025 after capital spending of about $400 million[11]. Debt and Leverage - The company achieved a long-term adjusted net leverage target of 2.5x as of September 30, 2025, and returned over $400 million to shareholders through share repurchases and dividends[3]. - Total debt decreased to $6,204 million as of September 30, 2025, from $6,389 million a year earlier, showing a reduction of 2.9%[31]. - Net debt stood at $5,286 million for the twelve months ended September 30, 2025, compared to $5,217 million for the same period in 2024, representing a slight increase of 1.3%[31]. - The adjusted net leverage ratio improved to 2.7x for the twelve months ended September 30, 2025, down from 3.0x a year prior, indicating a stronger balance sheet[31]. Tax and Other Costs - The adjusted effective tax rate for 2025 is expected to be approximately 25%[11]. - The effective tax rate as reported for Q3 2025 was 26.1%, compared to 22.0% in Q3 2024[24]. - Restructuring and other costs increased to $75 million for YTD 2025, compared to $27 million in YTD 2024, marking a significant rise of 177.8%[31]. Assets and Amortization - Total assets decreased to $14,553 million as of September 30, 2025, down from $15,095 million in 2024[26]. - Intangibles amortization decreased to $110 million for YTD 2025 from $122 million in YTD 2024, a decline of 9.8%[31]. - The company reported a total of $918 million in cash as of September 30, 2025, down from $1,172 million a year earlier, a decrease of 21.6%[31]. Other Financial Metrics - Adjusted EBITDA for the twelve months ended September 30, 2025, was $1,942 million, up from $1,907 million for the same period in 2024, indicating an increase of 1.8%[31]. - The company recorded a net restructuring charge of $30 million in Q3 2025, primarily related to asset impairment and severance costs[24]. - Depreciation expenses were $230 million for YTD 2025, slightly up from $222 million in YTD 2024, an increase of 3.6%[31]. - The company experienced a favorable impact of foreign currency translation of $34 million on net sales in Q3 2025[30].

Crown Holdings (NYSE:CCK) shares jumped 15% in extended trading Monday after the packaging manufacturer reported third-quarter results that exceeded Wall Street expectations and raised its full-year earnings forecast. The company posted adjusted earnings of $2.24 per share, up 13% from $1.99 a year earlier ...

Core Insights - Crown Holdings, Inc. reported strong financial results for the third quarter of 2025, with adjusted diluted earnings per share increasing by 13% to $2.24 compared to $1.99 in the same quarter of 2024, and net income attributable to the company reaching $214 million, a significant recovery from a loss of $175 million in the prior year [5][14][21]. Financial Performance - Net sales for the third quarter of 2025 were $3,202 million, up from $3,074 million in the third quarter of 2024, driven by increased shipments in European Beverage and the pass-through of higher material costs [3][17]. - Income from operations was $423 million in Q3 2025, compared to $444 million in Q3 2024, while segment income increased to $490 million from $472 million, reflecting stronger results in European Beverage and North American tinplate businesses [4][19]. - For the first nine months of 2025, net sales totaled $9,238 million, up from $8,898 million in the same period of 2024, with net income attributable to Crown Holdings reaching $588 million compared to $66 million in 2024 [7][17]. Outlook and Guidance - The company raised its full-year guidance for adjusted diluted earnings per share to a range of $7.70 to $7.80, with expectations for fourth-quarter adjusted diluted earnings per share between $1.65 and $1.75 [8][9]. - Crown Holdings anticipates generating approximately $1.0 billion in adjusted free cash flow for 2025, after capital expenditures of around $400 million [9][29]. Shareholder Returns - The company returned over $400 million to shareholders in the form of share repurchases and dividends during the first nine months of 2025 [3][14]. - Crown Holdings achieved its long-term adjusted net leverage target of 2.5x as of September 30, 2025, indicating a strong balance sheet and commitment to returning excess cash to shareholders [3][14].

Group 1 - U.S. stock futures are trading higher, indicating potential investor interest in specific stocks today [1] - Cleveland-Cliffs Inc is expected to report a quarterly loss of 48 cents per share on revenue of $4.90 billion, with shares falling 0.3% to $13.28 in after-hours trading [2] - Steel Dynamics Inc is projected to post quarterly earnings of $2.64 per share on revenue of $4.80 billion, with shares declining 2.3% to $142.65 [2] - Ames National Corp reported third-quarter earnings of 51 cents per share, up from 25 cents per share year-over-year, with quarterly sales increasing to $16.583 million from $13.490 million; shares fell 2% to $19.68 [2] - W R Berkley Corp is projected to report quarterly earnings of $1.09 per share on revenue of $3.71 billion, with shares decreasing 0.9% to $73.41 in after-hours trading [2] - Crown Holdings Inc is expected to report quarterly earnings of $2.00 per share on revenue of $3.13 billion, with shares falling 0.8% to $93.12 in after-hours trading [2]