The Ball Corporation is set to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of 0.85.
Ball Corporation's current price stands at $60.94, experiencing a slight drop of 13 cents (-0.213%) from the previous close. The trading volume is at $1.15 million, representing a 49.56% deviation from the average.
In the most recent earnings report on Monday, February 2nd, Ball Corporation reported an EPS of 0.9. The company continues to demonstrate stable financial performance.
Ball Corporation's dividend metrics show a forward dividend yield of 1.31% and a dividend per share of 20 cents on a trailing twelve-month basis.
Recently, Raymond James upgraded Ball Corporation from Market Perform to Outperform, signaling positive sentiment towards the company's future performance.
The company's cash flow indicates a strong financial position with a net change in cash of $636 million and operating cash flow of $1.21 billion.
Ball Corporation reported a revenue of $3.35 billion, gross profit of $489 million, and a net income of $199 million, leading to an EPS of 75 cents.
Key financial ratios for Ball Corporation include a net profit margin of 5.95%, return on equity of 3.67%, and a price-to-earnings ratio of 17.75.
The balance sheet reflects total assets of $19.52 billion and total liabilities of $14.10 billion, showcasing a stable financial foundation for the company.
This comprehensive overview highlights Ball Corporation's solid financial performance and resilience in the current market conditions. Investors may find the company's consistent earnings and strong balance sheet reassuring amidst market uncertainties.
Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. It operates through four segments: Beverage Packaging, North and Central America; Beverage Packaging, Europe, Middle East and Africa; Beverage Packaging, South America; and Aerospace. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It also develops spacecraft, sensors and instruments, radio frequency systems, and other technologies for the civil, commercial, and national security aerospace markets, as well as offers defense hardware, antenna and video tactical solutions, civil and operational space hardware, and systems engineering services. In addition, the company designs, manufactures, and tests satellites, remote sensors, and ground station control hardware and software; and provides launch vehicle integration and satellite operational services. Further, it offers target identification, warning, and attitude control systems and components; cryogenic systems and associated sensor cooling devices; star trackers; and fast-steering mirrors to the government agencies or their prime contractors. Additionally, the company manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado.