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Ball Corporation (BLL) revealed a profit for its fourth quarter that increased from the same period last year.


RTTNews | Feb 4, 2021 06:03AM EST

06:03 Thursday, February 4, 2021 (RTTNews.com) - Ball Corporation (BLL) revealed a profit for its fourth quarter that increased from the same period last year.

The company's earnings came in at $227 million, or $0.68 per share. This compares with $160 million, or $0.48 per share, in last year's fourth quarter.

Excluding items, Ball Corporation reported adjusted earnings of $272 million or $0.81 per share for the period.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $3.10 billion from $2.72 billion last year.

Ball Corporation earnings at a glance:

-Earnings (Q4): $272 Mln. vs. $238 Mln. last year.-EPS (Q4): $0.81 vs. $0.71 last year.-Analysts Estimate: $0.78-Revenue (Q4): $3.10 Bln vs. $2.72 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3166810/ball-corporation-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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