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Ball Corporation Q3 adjusted earnings Miss Estimates

Ball Corporation (BLL) announced a profit for its third quarter that rose from the same period last year.

The company's profit totaled $59 million, or $0.17 per share. This compares with $48 million, or $0.13 per share, in last year's third quarter.

Excluding items, Ball Corporation reported adjusted earnings of $197 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $2.95 billion from $2.91 billion last year.

Ball Corporation earnings at a glance:

-Earnings (Q3): $197 Mln. vs. $188 Mln. last year.
-EPS (Q3): $0.56 vs. $0.52 last year.
-Analysts Estimate: $0.59
-Revenue (Q3): $2.95 Bln vs. $2.91 Bln last year.

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