Ball Corp expected to post earnings of 70 cents a share - Earnings Preview

Ball

30/07/2024 20:00

* Ball Corp  BALL.N   BALL.K  is expected to show a fall in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Westminster Colorado-based  company is expected to
report a
13.1% decrease in revenue to $3.098 billion from $3.57 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ball Corp is for
earnings of
70 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ball Corp
is
$72.00​, above​ its last closing price of $63.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.54        0.56       0.68      Beat    20.9
 Dec. 31 2024  0.75        0.74       0.78      Beat    5.1
 Sep. 30 2023  0.80        0.81       0.83      Beat    2.8​
 Jun. 30 2023  0.60        0.62       0.61      Missed  -1.7
 ​​Mar.        0.48        0.50       0.69      Beat    36.8
 31 2023                                                
 Dec. 31 2022  0.54        0.55       0.44      Missed  -19.4​
 Sep. 30 2022  0.77        0.80       0.75      Missed  -6.1
 Jan. 1 0001   0.90        0.90       0.82      Missed  -9
 This summary was machine generated July 30 at 19:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)