Ball sales shrink in quarter when aerospace division sale was inked
WESTMINSTER — Ball Corp. (NYSE: BALL) saw its year-over-year sales and net attributable earnings tumble a bit in the third quarter of 2023, a busy period for the can-manufacturing giant during which it inked a deal to offload its aerospace business.
Net earnings attributable to the corporation were $203 million on sales of $3.57 billion in the most recent period.
That’s down from net earnings of $392 million on sales of $3.95 billion in the same period of 2022.
Still, the company grew its earnings per diluted share year-over-over. That figure in the most recent period was 83 cents — topping the…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
Ball Corp. (NYSE: BALL) acquired European aluminum-packaging firm Alucan Entec SA in late October, just…
-
Industrial technology company Trimble Inc. (Nasdaq: TRMB) saw its stock price rise in early trading…
-
Maxar Intelligence, one of the business divisions created with the 2023 split of Maxar Technologies…
-
Nasdaq recently warned industrial technology company Trimble Inc. (Nasdaq: TRMB) that it could face delisting…
