Crown Holdings Inc. Q1 adjusted earnings Inline With Estimates

Crown Holdings Inc. (CCK) revealed earnings for its first quarter that climbed from the same period last year.

The company's profit totaled $103 million, or $0.77 per share. This compares with $90 million, or $0.67 per share, in last year's first quarter.

Excluding items, Crown Holdings Inc. reported adjusted earnings of $141 million or $1.05 per share for the period.

Analysts had expected the company to earn $1.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.5% to $2.76 billion from $2.20 billion last year.

Crown Holdings Inc. earnings at a glance:

-Earnings (Q1): $141 Mln. vs. $126 Mln. last year.
-EPS (Q1): $1.05 vs. $0.94 last year.
-Analysts Estimate: $1.05
-Revenue (Q1): $2.76 Bln vs. $2.20 Bln last year.

Next quarter EPS guidance: $1.43 to $1.53
Full year EPS guidance: $5.20 to $5.40

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