Crown Holdings reported Q2 non-GAAP EPS of $2.49, exceeding estimates, and raised its 2026 adjusted EPS guidance to $8.30-$8.50.
Crown Holdings posted second-quarter non-GAAP earnings per share of $2.49, beating estimates by $0.33, as revenue rose 16.5% year-over-year to $3.67 billion, surpassing expectations by $300 million.
The company also lifted its full-year adjusted diluted EPS guidance to a range of $8.30 to $8.50, up from prior expectations, compared with a consensus estimate of $8.11. Adjusted free cash flow is projected to reach at least $900 million.
Shares of Crown Holdings may see support following the stronger-than-expected results and improved outlook.