– Crown Holdings reported adjusted quarterly earnings of $2.15 per share, compared to a consensus estimate of $1.
78, with the maker of packaging products for consumer goods also seeing revenue top Wall Street forecasts. Its performance was helped in part by strong demand in the beverage can segment. Crown shares jumped nearly 4% in the premarket.
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KEY TAKEAWAY: PPG Industries – $PPG earned an adjusted $1.94 per share for its latest quarter, falling SHORT of the $2.19 consensus estimate. PPG warned that Input & Other COSTs would INCREASE during the current quarter. PPG tumbled roughly 6.5% in the premarket. StocksToWatch
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