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Research Alert: Crown Holdings Q1: Delivers Revenue Beat With Strong Beverage Shipment Growth

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

CCK delivered solid Q1 2026 results, with net sales of $3,259M (+12.9% Y/Y), beating consensus by $224M, due to 5% global beverage shipment growth and successful pass-through of $234M in higher material costs. Adjusted EPS of $1.86 (+11.4% Y/Y) exceeded consensus estimates of $1.75, though reported EPS declined to $1.56 from $1.65 due to debt extinguishment charges. North American shipments advanced 1% despite a slow start to the year, with strong March performance helping overcome early quarterly weakness. The company demonstrated effective cost recovery capabilities amid persistent inflationary pressures, though margin pressures in key operating segments tempered overall profitability gains. We believe the successful material cost pass-through validates CCK's defensive pricing model and contractual protections, while sustained volume growth across key global markets supports our positive outlook for continued operational momentum and market share expansion.

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