Crown Holdings Cuts FY22 Earnings Forecast Despite Q2 Beat
Crown Holdings Inc (NYSE:CCK) reported second-quarter FY22 sales growth of 22.9% year-on-year, to $3.51 billion, beating the consensus of $3.21 billion.…
Crown Holdings Q2 EPS $2.10 Beats $2.03 Estimate, Sales $3.51B Beat $3.21B Estimate
Crown Holdings (NYSE:CCK) reported quarterly earnings of $2.10 per share which beat the analyst consensus estimate of $2.03 by 3.45 percent. This is a 1.87 percent decrease over earnings of $2.14 per share from the same
Earnings Scheduled For July 20, 2022
Companies Reporting Before The Bell
• Wipro (NYSE:WIT) is projected to report quarterly earnings at $0.08 per share on revenue of $2.80 billion.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's session, 326 stocks hit new 52-week lows.
Analyst Ratings for Crown Holdings
Within the last quarter, Crown Holdings (NYSE:CCK) has observed the following analyst ratings:
Wells Fargo Downgrades Crown Holdings to Equal-Weight, Lowers Price Target to $110
Wells Fargo analyst Gabe Hajde downgrades Crown Holdings (NYSE:CCK) from Overweight to Equal-Weight and lowers the price target from $150 to $110.
RBC Capital Maintains Outperform on Crown Holdings, Raises Price Target to $143
RBC Capital analyst Arun Viswanathan maintains Crown Holdings (NYSE:CCK) with a Outperform and raises the price target from $140 to $143.