Ball Corp Earns 89 Cents per Share

Ball Corp. (BLL) missed by five cents. The company earned 89 cents per share for Q2.

Ball Corp. (BLL) on Thursday reported second-quarter net income of $160.4 million.

The Broomfield, Colorado-based company said it had profit of $1.13 per share. Earnings, adjusted for non-recurring gains, were 89 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.

The metal packaging company posted revenue of $2.17 billion in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $2.12 billion.

Posted by on July 30th, 2015 at 7:14 am

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