Edition:
India

Crown Holdings, Inc. Reports Second Quarter 2018 Results


Thursday, 19 Jul 2018 

July 18 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.55.Q2 EARNINGS PER SHARE $0.99.Q2 SALES $3.046 BILLION VERSUS I/B/E/S VIEW $2.98 BILLION.Q2 EARNINGS PER SHARE VIEW $1.56 -- THOMSON REUTERS I/B/E/S.CROWN HOLDINGS - EXPECTS Q3 AND FULL YEAR 2018 ADJUSTED DILUTED EARNINGS TO BE IN RANGES OF $1.60 TO $1.70 AND $5.15 TO $5.30 PER SHARE, RESPECTIVELY.ADJUSTED EFFECTIVE INCOME TAX RATE FOR FULL YEAR EXPECTED TO BE BETWEEN 25% AND 26%, ALTHOUGH IT MAY VARY FROM QUARTER TO QUARTER.CROWN HOLDINGS -ADJUSTED FREE CASH FLOW IS CURRENTLY EXPECTED TO BE ABOUT $625 MILLION FOR 2018 AND $775 MILLION FOR 2019, UNCHANGED FROM PRIOR GUIDANCE.GLOBAL BEVERAGE CAN VOLUMES GREW 4% IN QUARTER AND YEAR-TO-DATE. 

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