Crown Holdings Inc. Reveals 1% Decline In Q3 Profit

(RTTNews) - Crown Holdings Inc. (CCK) reported a profit for third quarter that decreased from last year.

The company said its earnings declined to $186 million, or $1.34 per share. This was down from $188 million, or $1.36 per share, in last year's third quarter.

Analysts had expected the company to earn $1.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.0% to $2.46 billion. This was down from $2.59 billion last year.

Crown Holdings Inc. earnings at a glance:

-Earnings (Q3): $186 Mln. vs. $188 Mln. last year. -Earnings Decline (Y-o-Y): -1.1% -EPS (Q3): $1.34 vs. $1.36 last year. -EPS Decline (Y-o-Y): -1.5% -Analysts Estimate: $1.31 -Revenue (Q3): $2.46 Bln vs. $2.59 Bln last year. -Revenue Change (Y-o-Y): -5.0%