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Ball Corporation Shares Jump 10% On Q4 Return To Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Ball Corporation (BALL) shares surged 9.81 percent, or $5.56, to $62.25 on Tuesday, after the company reported a fourth-quarter profit versus a loss a year earlier.

Net earnings totaled $200 million, or $0.74 per share, compared with a loss of $30 million, or $0.10 per share, last year. Adjusted earnings were $0.91 per share, topping expectations, while revenue rose to $3.35 billion from $2.88 billion.

The stock traded between $58.38 and $62.48, with volume of about 2.75 million shares versus an average of 2.65 million on the New York Stock Exchange. The 52-week range is $43.51 to $62.48.

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