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Ball Corporation Q2 adjusted earnings Inline With Estimates

Ball Corporation (BLL) announced earnings for its second quarter that advanced from the same period last year.

The company's profit totaled $197 million, or $0.58 per share. This compares with $119 million, or $0.34 per share, in last year's second quarter.

Excluding items, Ball Corporation reported adjusted earnings of $219 million or $0.64 per share for the period.

Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.6% to $3.02 billion from $3.10 billion last year.

Ball Corporation earnings at a glance:

-Earnings (Q2): $219 Mln. vs. $207 Mln. last year.
-EPS (Q2): $0.64 vs. $0.58 last year.
-Analysts Estimate: $0.64
-Revenue (Q2): $3.02 Bln vs. $3.10 Bln last year.

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