Ball Corp. Reports Third-Quarter Loss Amid Revenue Beat
1 report, 1 independent
Updated Tue 00:00
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What happened
Ball Corp. reported a third-quarter loss of $94 million, a shift from a profit recorded in the same period last year. The company posted revenue of $4.19 billion, which surpassed forecasts, and adjusted earnings reached $1.10 per share, beating the average analyst estimate of $1.06 per share. The company is located in Westminster, Colorado.
From durangoherald.com
Why it matters
The financial results reflect a change in the company's profitability, despite strong revenue performance. Ball shares have risen 29% since the beginning of the year and 45% over the last 12 months.
From durangoherald.com
Who's involved
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The entities involved
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Automated Insights
company
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Westminster
city in Adams and Jefferson counties in Colorado, United States
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