Crown Holdings Q1 Beats Estimates, Affirms Guidance

Crown Holdings posted Q1 adjusted EPS of $1.86, beating the $1.75 consensus, with revenue of $3.26 bn, up 13% YoY and above the $3.03 bn estimate.
Segment income rose to $405 m from $398 m, driven by a 5% rise in global beverage‑can volumes in Europe and Asia‑Pacific and a 1% increase in North America.
The company returned $251 m to shareholders, including a $39 m dividend reflecting a 35% increase, and expects $900 m adjusted free cash flow in 2026 after $550 m capex.
Guidance projects Q2 adjusted EPS of $2.10‑$2.20 (midpoint $2.15) below the $2.20 consensus, while full‑year 2026 EPS of $7.90‑$8.30 is slightly above the $8.07 consensus.