Crown Q3 EPS $2.08, Adjusted $2.39; Reaffirms $8.35-$8.45 Full-Year EPS Guidance
CCK sits 19% above its 52-week low of $91.31.
Summary
Crown's Q3 adjusted EPS rose 7% to $2.39 on 6% beverage can volume growth, and the company reaffirmed full-year adjusted EPS guidance of $8.35-$8.45 with at least $950M of free cash flow.
Key Events · Earnings and Guidance · CCK
-
Q3 Adjusted EPS Up 7%
Adjusted diluted EPS came in at $2.39 versus $2.24 a year ago, while reported diluted EPS was $2.08 versus $1.85. Net income attributable to Crown was $225M on net sales of $3,711M, up from $3,202M.
-
Full-Year Guidance Reaffirmed
2026 adjusted diluted EPS is guided to $8.35-$8.45, with adjusted free cash flow of at least $950M after roughly $550M of capital spending. For Q4, adjusted EPS is guided to $1.63-$1.73.
-
Volumes Offset Cost Inflation
Global beverage can shipments rose 6% (Asia double-digit, North America +6%, Europe +4%), but segment income slipped to $484M from $490M as input cost inflation absorbed the volume contribution.
-
Balance Sheet and Buybacks
Net leverage held at 2.5x adjusted EBITDA on $5,200M of net debt. Crown repurchased $81M of stock in Q3 and has acquired nearly 6% of outstanding shares over the past twelve months.
Analysis · CCK · Manufacturing
Crown delivered a solid quarter, with adjusted EPS up 7% to $2.39 and global beverage can volumes up 6%, while keeping full-year adjusted EPS guidance at $8.35-$8.45 and adjusted free cash flow of at least $950M. Reported EPS of $2.08 was flattered by lower restructuring charges ($8M vs $30M a year ago), and segment income actually slipped to $484M from $490M as input cost inflation ate the volume gains. Net leverage held at 2.5x, and the company bought back $81M of stock in the quarter, nearly 6% of shares over twelve months. The guidance range brackets the $6.72 adjusted EPS already booked through nine months, implying a Q4 step-down to $1.63-$1.73.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 29.4% of the 1386 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CCK was trading at $108.75 on NYSE in the Manufacturing sector, with a market capitalization of approximately $12.5B. The 52-week trading range was $91.31 to $122.91. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.