02.02.2017 23:14:17

Crown Holdings Inc. Reveals 2% Increase In Q4 Bottom Line

(RTTNews) - Crown Holdings Inc. (CCK) revealed a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line totaled $99 million, or $0.71 per share. This was up from $97 million, or $0.70 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.4% to $1.92 billion. This was down from $2.03 billion last year.

Crown Holdings Inc. earnings at a glance:

-Earnings (Q4): $99 Mln. vs. $97 Mln. last year. -Earnings Growth (Y-o-Y): 2.1% -EPS (Q4): $0.71 vs. $0.70 last year. -EPS Growth (Y-o-Y): 1.4% -Analysts Estimate: $0.70 -Revenue (Q4): $1.92 Bln vs. $2.03 Bln last year. -Revenue Change (Y-o-Y): -5.4%

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Crown Holdings Inc. 80,94 -0,02% Crown Holdings Inc.