By Connor Hart
Ball logged higher profit and sales in the first quarter as demand grew and the manufacturer passed on higher metals costs to customers.
The aluminum can maker on Tuesday posted a profit of $205 million, or 77 cents a share, compared with $179 million, or 63 cents a share, a year earlier.
Stripping out one-time items, earnings were 94 cents a share. Analysts polled by FactSet expected adjusted earnings of 85 cents a share.
Sales climbed 17% to $3.6 billion, ahead of Wall Street models for $3.34 billion.
The company, which made its name dealing in mason jars, said global aluminum packaging shipments ticked up 0.8% in the recent quarter.
Looking ahead, Chief Financial Officer Dan Rabbitt said Ball's global business remains resilient, "supported by passthrough mechanisms that continue to perform as intended in a dynamic environment."
The company reiterated its outlook for per-share earnings growth of 10% or more and free cash flow greater than $900 million for the year.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
May 05, 2026 06:47 ET (10:47 GMT)
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