Crown Holdings FY adjusted diluted EPS outlook points to deceleration
CCK•Crown Holdings forecast 2026 adjusted diluted EPS of $8.35-$8.45 and adjusted free cash flow of at least $950 million. Third-quarter revenue rose 16% to $3.71 billion, while adjusted EPS increased 7% to $2.39; both topped analyst expectations.
1. Quarterly results
Crown Holdings reported third-quarter revenue of $3.71 billion, up 16% and above the $3.44 billion analyst consensus. Adjusted EPS rose 7% to $2.39, beating the $2.26 consensus; net income was $261 million and diluted EPS was $2.08. The company repurchased $81 million in stock during the quarter.
2. 2026 outlook
The company expects 2026 adjusted diluted EPS of $8.35-$8.45 and adjusted free cash flow of at least $950 million. For the fourth quarter, it expects adjusted diluted EPS of $1.63-$1.73.
3. Can demand and costs
Global beverage can volumes increased 6%, including double-digit gains in Asia, 6% growth in North America and 4% in Europe, CEO Timothy J. Donahue said. Higher input costs offset some benefits from increased shipments. Expansion projects in Brazil, Greece and Spain, along with new plant construction in India, are aimed at supporting future growth.
