Crown Holdings Sees Q4 EPS $1.45-$1.55 Vs $1.51 Est.; Raises FY24 EPS Guidance Range From $6.00-$6.25 To $6.25-$6.35 Vs $6.15 Est.

Benzinga · 10/17 20:28

Outlook

The Company now projects full-year adjusted diluted earnings per share in the range of $6.25 to $6.35 compared to previous guidance of $6.00 to $6.25.  After deducting the $100 million pension contribution made during the third quarter, adjusted free cash flow for the year is still expected to be at least $750 million with no more than $450 million of capital spending.

Fourth quarter adjusted diluted earnings per share are expected to be in the range of $1.45 to $1.55.