TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Crown Holdings Inc. (CCK) on Monday reported third-quarter profit of $225 million.
The Tampa, Florida-based company said it had profit of $2.08 per share. Earnings, adjusted for one-time gains and costs, were $2.39 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.25 per share.
The packaging company posted revenue of $3.71 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $3.39 billion.
For the current quarter ending in December, Crown expects its per-share earnings to range from $1.63 to $1.73.
The company expects full-year earnings in the range of $8.35 to $8.45 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCK at https://www.zacks.com/ap/CCK