Ball Corp falls after missing quarterly sales expectations

Ball

04/02/2025 15:09

** Aluminum can maker Ball Corp's  BALL.N  shares down 7.7%
at $51.45
    ** Co posts Q4 net revenue of $2.88 billion, missing
analysts' expectations of $2.91 billion, according to data
compiled by LSEG
    ** Forecasts full-year profit growth of over 10%, versus
market expectations of 12.5%
    ** Co has cut costs amid weak consumer spending, and has
closed some manufacturing facilities and sold its aerospace
business last year
    ** Co's comparable earnings of 84 cents per share beats
analysts' estimates of 80 cents per share
    ** BALL stock fell 4.16% in 2024

 (Reporting by Aamir Sohail in Bengaluru)
 ((Aamir.Sohail@thomsonreuters.com;))