BALL - Beverage Can Maker Ball Q4 Sales Dip Amid Mass Beer Brand Disruption In US: Details | Benzinga
Ball Corp (NYSE:BALL) reported a fourth-quarter fiscal 2023 net sales decline of 4.1% year-over-year to $3.40 billion, missing the consensus of $3.58 billion.
Sales by segments: Beverage packaging North and Central America $1.38 billion (-8.7% Y/Y), Beverage packaging EMEA $739 million (-1.2% Y/Y), Beverage packaging South America $616 million (+0.33% Y/Y) and Aerospace $500 million (-1.2% Y/Y).
Comparable operating earnings for the quarter increased by 58% Y/Y to $425 million. Adjusted EPS was $0.78, up from $0.44 prior year, beating the consensus of $0.74.
The company said Beverage packaging, North and Central America, segment comparable operating earnings ...