Crown Holdings Inc. Earnings Rise 32% In Q1

(RTTNews) - Crown Holdings Inc. (CCK) revealed a profit for its first quarter that rose from last year.

The company said its bottom line climbed to $96 million, or $0.69 per share. This was higher than $73 million, or $0.53 per share, in last year's first quarter.

Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.5% to $1.89 billion. This was down from $2.00 billion last year.

Crown Holdings Inc. earnings at a glance:

-Earnings (Q1): $96 Mln. vs. $73 Mln. last year. -Earnings Growth (Y-o-Y): 31.5% -EPS (Q1): $0.69 vs. $0.53 last year. -EPS Growth (Y-o-Y): 30.2% -Analysts Estimate: $0.63 -Revenue (Q1): $1.89 Bln vs. $2.00 Bln last year. -Revenue Change (Y-o-Y): -5.5%