Crown Holdings Raises 2026 Cash Flow Floor to $950 Million

Crown Holdings, Inc. raised its minimum 2026 adjusted free cash flow forecast to $950 million as higher beverage-can volumes supported third-quarter sales and a narrower full-year earnings outlook. The new cash flow floor is $50 million above Crown’s previous forecast. The company also tightened its 2026 adjusted diluted earnings range to $8.35 to $8.45 per share from $8.30 to $8.50. Both ranges have a midpoint of $8.40. For the quarter ended Sept. 30, net sales reached $3.711 billion, up from $3.202 billion a year earlier. Higher beverage-can volumes contributed to the increase.

Source: TokenPost