The Ball Corporation is set to release its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of $0.85.
Today, Ball Corporation's stock price stands at $61.53, marking a 0.753% increase from the previous close. The trading volume is noteworthy at $753,107, 32.53% higher than average.
In the last earnings report on Monday, February 2nd, Ball Corporation surpassed expectations with an EPS of $0.9. The company continues to demonstrate solid financial performance.
Ball Corporation offers a forward dividend yield of 1.3%, with a dividend per share of 20 cents for the most recent quarter and 80 cents over the trailing twelve months.
Recently, Raymond James upgraded Ball Corporation's rating from Market Perform to Outperform, indicating a positive outlook on the company's future performance.
The company exhibits a strong financial position, with notable metrics such as free cash flow of $1 billion and a net change in cash of $636 million.
Ball Corporation reported a revenue of $3.35 billion, leading to a net income of $199 million, translating to an EPS of 75 cents.
Key financial ratios showcase Ball Corporation's efficiency, with notable figures like a return on equity of 3.67% and a price-to-earnings ratio of 17.75.
The balance sheet reflects a robust financial position, with total assets amounting to $19.52 billion and total liabilities at $14.10 billion.
This comprehensive overview emphasizes Ball Corporation's financial strength and positive outlook in the market.
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.