Ball results mixed in second quarter, no word on aerospace division sale
WESTMINSTER — Ball Corp. (NYSE: BALL) posted improved year-over-year bottom line results, beating Wall Street projections in the second quarter of 2023. However, sales fell short of last year’s tally and failed to live up to analysts’ expectations.
The Westminster can manufacturer with a major aerospace division confirmed this summer that it was considering offloading its space business unit, but was mum about progress on that front when it reported its second quarter results on Thursday.
Net income for the second quarter was $173 million, an improvement on a loss of $174 million in the same period of 2022.
Ball posted adjusted…
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