Ball Corp (BALL, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $3,097.94 million, and the earnings are expected to come in at $0.77 per share. The full year 2024's revenue is expected to be $12.25 billion and the earnings are expected to be $11.66 per share. More detailed estimate data can be found here.
Ball Corp (BALL, Financial) Estimate Trends
Over the past 90 days, the revenue estimates for Ball Corp (BALL) for the full year 2024 have increased from $12.244 billion to $12.250 billion, and for 2025, from $12.614 billion to $12.646 billion. During the same period, earnings estimates for 2024 have risen from $11.26 per share to $11.66 per share, while for 2025, they have decreased from $3.87 per share to $3.71 per share.
Ball Corp (BALL, Financial) Reported History
In the previous quarter of March 31, 2024, Ball Corp's (BALL) actual revenue was $2.87 billion, which missed analysts' revenue expectations of $3.23 billion by -10.93%. Ball Corp's (BALL) actual earnings were $11.61 per share, which beat analysts' earnings expectations of $0.63 per share by 1742.86%. After releasing the results, Ball Corp (BALL) was up by 6.65% in one day.
Ball Corp (BALL, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 15 analysts, the average target price for Ball Corp (BALL) is $71.4 with a high estimate of $83 and a low estimate of $56. The average target implies an upside of 11.66% from the current price of $63.94.
Based on GuruFocus estimates, the estimated GF Value for Ball Corp (BALL, Financial) in one year is $53.72, suggesting a downside of -15.98% from the current price of $63.94.
Based on the consensus recommendation from 18 brokerage firms, Ball Corp's (BALL, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
