Crown Holdings Inc (NYSE:CCK)
$ 84.69 0.58 (0.69%) Market Cap: 10.23 Bil Enterprise Value: 16.71 Bil PE Ratio: 24.41 PB Ratio: 4.14 GF Score: 78/100
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Q1 2020 Crown Holdings Inc Earnings Call Transcript

Apr 21, 2020 / 01:00PM GMT
Release Date Price: $59.48 (-2.94%)
Operator

Good morning, and welcome to Crown Holdings' First Quarter 2020 Conference Call. (Operator Instructions) Please be advised that this conference is being recorded. I would now like to turn the call over to Mr. Thomas Kelly, Senior Vice President and Chief Financial Officer. Sir, you may begin.

Thomas A. Kelly
Crown Holdings, Inc. - Senior VP & CFO

Thank you, Kathy, and good morning. With me on today's call is Tim Donahue, President and Chief Executive Officer. On this call, as in the earnings release, we will be making a number of forward-looking statements. Actual results could vary materially from such statements. Additional information concerning factors that could cause actual results to vary is contained in the press release and in our SEC filings, including in our Form 10-K for 2019 and subsequent filings.

Earnings for the quarter were $0.65 per share compared to $0.77 in the prior year quarter. Comparable earnings per share were $1.13 in the quarter versus $1.05 in 2019. Net sales in the quarter were flat versus prior year as increased

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