- Ball press release ( NYSE: BALL ): Q3 Non-GAAP EPS of $0.75 misses by $0.05 .
- Revenue of $3.95B (+11.3% Y/Y) beats by $60M .
- Completed sale of Russian business operations; $530 million in cash proceeds used for debt reduction
- Global beverage can shipments up 5.7% in third quarter, excluding Russia
- Strong aerospace backlog and contracts won-not-booked of $3.0 billion and $4.6 billion, respectively
- Developed and executed plan to enable at least $150 million of combined fixed and variable cost savings in 2023
- Beyond 2022, positioned business to achieve long-term diluted earnings per share growth goal of 10 to 15 percent, inclusive of divested Russian operating earnings headwind
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Ball Non-GAAP EPS of $0.75 misses by $0.05, revenue of $3.95B beats by $60M