In This Article:
Ball Corporation BALL is scheduled to report first-quarter 2025 results on May 6, before the opening bell.
The Zacks Consensus Estimate for BALL’s net sales is pegged at $2.95 billion, indicating 2.7% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at 69 cents per share, which has been unchanged in the past 60 days. The estimate indicates year-over-year growth of 1.5%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Image Source: Zacks Investment Research
BALL’s Solid Earnings Surprise History
Ball Corp’s earnings beat the Zacks Consensus Estimates in the trailing four quarters, the average surprise being 7.8%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for Ball Corp
Our model does not conclusively predict an earnings beat for BALL this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you can see below.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: Ball Corp has an Earnings ESP of -0.48%.
Zacks Rank: BALL currently carries a Zacks Rank of 3.
Factors Likely to Have Shaped BALL’s Q1 Performance
Ball Corp has lately been witnessing weaker-than-expected demand as customer spending has been muted amid higher retail prices, particularly in the United States. This is likely to get reflected in BALL’s first-quarter results.
High input and labor costs due to supply constraints are anticipated to have impacted the company’s performance.
However, BALL has been focused on improving its efficiency and reducing costs, which is likely to have negated these impacts and aided margins.
Our estimate for the Beverage packaging, North and Central America segment’s net sales is pegged at $1.39 billion, indicating a 0.6% year-over-year dip. We expect the segment’s volume to increase 1.5% year over year. We anticipate a 3.7% year-over-year slip in the segment’s operating income to $185 million.
Our model predicts the Beverage Packaging, Europe segment’s sales to be $829 million, indicating 2.4% growth from the year-ago quarter’s reported figure. We expect volume growth of 4.8% for this segment.
The segment’s operating income is projected at $81.5 million, indicating a 4.1% year-over-year dip.
We expect the Beverage Packaging, South America segment’s net sales to be $484 million, indicating 0.4% growth from the year-ago period’s reported level. The consensus estimate for the segment’s operating income is pegged at $53 million, indicating 3.7% growth from the year-ago quarter’s actual. Our model predicts a volume increase of 4.4% for the segment.