Ball beats earnings, revenue estimates in Q3

WESTMINSTER — Ball Corp. (NYSE: BALL) reported a net loss of $94 million in the third quarter, but the Westminster-based packaging company exceeded analyst expectations for adjusted earnings and revenue.

Excluding one-time charges and other items, Ball earned $1.10 per diluted share, outperforming the $1.06 that analysts surveyed by Zacks Investment Research had expected.

The company recorded revenue of $4.19 billion, up 24% from $3.38 billion in the third quarter of 2025. Analysts had expected revenue of $3.74 billion.

“Ball delivered another quarter of strong results, reflecting the power of our customer-focused strategy, disciplined execution and the ownership mindset embedded throughout our organization. In an operating environment that remains dynamic, our teams continued to execute at a high level, driving global volume and operating earnings growth,” Ball CEO Ron Lewis said in a written statement.

Ball’s net loss of $94 million for the quarter ended Sept. 30 amounted to 36 cents per diluted share. That compared with earnings of $321 million, or $1.18 per share for the same period a year ago.

One-time charges included a $475 million noncash charge stemming from Ball’s buyout of its pension plan in the United Kingdom. The company also recorded charges related to plant closures.

Adjusted net earnings totaled $293 million, compared with $280 million last year.

Ball’s revenue increase was attributed in part to higher prices and volume for aluminum.

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