Ball Q4 revenue, adjusted EPS beat expectations on volume growth

Overview

• Aluminum packaging firm's Q4 revenue rose, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company completed acquisition of majority stake in Benepack

Outlook

• Ball expects 2026 comparable diluted EPS growth of 10-plus percent

• Company anticipates 2026 free cash flow greater than $900 mln

• Ball focuses on sustainable aluminum packaging and operational excellence for long-term value

Result Drivers

• VOLUME GROWTH - Ball reported robust volume growth across its businesses, contributing to strong quarterly results

• BENEPACK ACQUISITION - Acquisition of majority stake in European beverage can manufacturer Benepack supported growth in EMEA

• PRICE/MIX AND CURRENCY - Favorable price/mix and currency translation boosted earnings, despite higher costs

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

• Wall Street's median 12-month price target for Ball Corp is $63.00, about 11.1% above its February 2 closing price of $56.69

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn3m7yGqa

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