WASHINGTON (dpa-AFX) - Ball Corporation (BALL) announced earnings for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $179 million, or $0.63 per share. This compares with $3.685 billion, or $11.61 per share, last year.
Excluding items, Ball Corporation reported adjusted earnings of $216 million or $0.76 per share for the period.
Analysts on average had expected the company to earn $0.70 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.8% to $3.097 billion from $2.874 billion last year.
Ball Corporation earnings at a glance (GAAP) :
-Earnings: $179 Mln. vs. $3.685 Bln. last year. -EPS: $0.63 vs. $11.61 last year. -Revenue: $3.097 Bln vs. $2.874 Bln last year.
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