Crown Holdings, Inc. · CCK · FY2025 Q3 · Calendar Q4 2025

Crown Holdings lifts EPS outlook as Europe drives growth

Crown Holdings’ latest results support a constructive earnings trajectory: a quarterly beat, strong European beverage demand, raised adjusted EPS guidance, and substantial free cash flow were paired with capacity expansion and continued shareholder returns. The counterweight is uneven regional demand and exposure to tariffs and commodity costs.

Reported After market closeNYSEConsumer Cyclical $12.40B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $2.24 Consensus $1.98
EPS surprise +13.1% Reported versus consensus
Reported revenue $3.20B Consensus $2.99B
Revenue surprise +7.0% Reported versus consensus

Market reaction

event-close to next-session close
Stock move +5.5% Event window
SPY move -0.0% Same window
Abnormal move +5.5% Stock minus SPY
Volume 1.8× Versus trailing sessions
Subsequent drift -4.4% Up to 20 sessions
CCKSPY benchmark

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What changed

Compared with the prior quarter, the latest analysis showed another raised guidance outlook, stronger reported European beverage growth, free cash flow of $887 million through nine months, and progress toward the 2.5x net-leverage target. Management also highlighted new European capacity work, including the German plant integration.

Guidance delta

Management raised full-year adjusted EPS guidance to $7.7–$7.8 and maintained a roughly $1 billion 2025 free-cash-flow target; the prior quarter also described raised guidance.

Key takeaways

  • Third-quarter EPS was $2.24 versus a $1.98 estimate, while revenue was $3.202 billion versus a $2.994 billion estimate.
  • European beverage volumes increased 12% year over year and drove the strongest regional income growth.
  • Free cash flow reached $887 million for nine months; management cited a roughly $1 billion 2025 target and net leverage of 2.5x.
  • Shares rose 5.50% relative to SPY in the event-to-next-session reaction window, then gave back 4.42% in subsequent drift.

Management priorities

  • Execute European capacity projects in Greece and integrate the acquired German plant.
  • Keep capital spending disciplined at approximately $0.45–$0.5 billion in 2025 while pursuing operational efficiencies.
  • Continue buybacks and dividends while keeping net leverage near 2.5x.
  • Target approximately $1 billion of 2025 free cash flow.

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Earnings History

Estimate Beat Miss Match
CCK EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q1 '24 estimate $0.96 Q1 '24 actual $1.02, beat Q2 '24 estimate $1.58 Q2 '24 actual $1.81, beat Q2 '25 estimate $1.88 Q2 '25 actual $2.15, beat Q3 '25 estimate $1.98 Q3 '25 actual $2.24, beat Q4 '25 estimate $1.69 Q4 '25 actual $1.74, beat Q1 '26 estimate $1.75 Q1 '26 actual $1.86, beat Q2 '26 estimate $2.16 Q2 '26 actual $2.49, beat Q3 '26 estimate $2.26 Q3 '26 actual $2.39, beat Q4 '26 estimate $1.79 Q1 '27 estimate $1.89 Q2 '27 estimate $2.55 Q3 '27 estimate $2.52
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Analyst Consensus ?

ConsensusBuy25 ratings
Bullish1976.0%
Neutral624.0%
Bearish00.0%

Analyst 52W Price Targets

$114.17Previous close
$87Low
$117.08Average
$135High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 21, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Wells Fargo Equal Weight Equal WeightMaintainOct 19, 2026
UBS Neutral NeutralMaintainOct 5, 2026
JP Morgan Overweight NeutralUpgradeSep 18, 2026
RBC Capital Outperform OutperformMaintainJul 24, 2026
Truist Securities Buy BuyMaintainJul 22, 2026
Show 20 more rating actions

Named analyst price targets

Upside is calculated against the persisted previous close $114.17. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
JefferiesAnalyst unavailable$121$117.99 +6.0%Jul 22, 2026
BOCOM International Holdings CompanyAnalyst unavailable$130$117.02 +13.9%Jul 16, 2026
UBSAnalyst unavailable$126$112.88 +10.4%Feb 9, 2026
Wolfe ResearchAnalyst unavailable$115$114.2 +0.7%Feb 6, 2026
Truist FinancialMichael Roxland$126$99.6 +10.4%Oct 22, 2025
See 36 more

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Company context

Snapshot as of publication

Crown Holdings, Inc. is a global enterprise dedicated to the design, production, and sale of a diverse range of packaging solutions and related machinery. Its operations span the Americas, Europe, and Asia Pacific, serving both consumer and industrial markets. For consumer goods, the company offers steel and aluminum cans, primarily targeting the food and beverage sectors. Its consumer product portfolio further extends to include glass bottles for beverages, as well as steel crowns and aluminum caps.…

Historical context

All CCK earnings

Consumer Cyclical peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
GPC Genuine Parts Company FY2026 Q3 · Calendar Q4 2026 +1.5% -5.1% GPC Q3 2026: Industrial Strength, Automation, and Split Progress
GM General Motors Company FY2026 Q3 · Calendar Q4 2026 +0.3% -6.8% GM posts strong quarter, raises outlook as trucks and software lead
HAS Hasbro, Inc. FY2026 Q3 · Calendar Q4 2026 +55.9% +11.2% Hasbro raises guidance as Magic revenue tops $600 million

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-10-21T10:40:46.524652+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-21T10:40:46.521933+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-21. For educational purposes only; not investment advice.