Ball: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:01 AM ET
Last Updated - Aug 01, 2024, 10:01 AM EDT
WESTMINSTER, Colo. (AP) — WESTMINSTER, Colo. (AP) — Ball Corp. (BALL) on Thursday reported second-quarter profit of $158 million.
The Westminster, Colorado-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 74 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The metal packaging company posted revenue of $2.96 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $3.07 billion.
