RTTNews | Jan 27, 2022 06:10AM EST

06:10 Thursday, January 27, 2022 (RTTNews.com) - Ball Corporation (BLL) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $297 million, or $0.90 per share. This compares with $227 million, or $0.68 per share, in last year's fourth quarter.

Excluding items, Ball Corporation reported adjusted earnings of $317 million or $0.97 per share for the period.

Analysts on average had expected the company to earn $0.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.4% to $3.67 billion from $3.10 billion last year.

Ball Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $297 Mln. vs. $227 Mln. last year.-EPS (Q4): $0.90 vs. $0.68 last year.-Analyst Estimate: $0.90-Revenue (Q4): $3.67 Bln vs. $3.10 Bln last year.

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