BUZZ-Ball Corp falls after missing quarterly sales expectations

Aluminum can maker Ball Corp's BALL.N shares down 7.7% at $51.45

Co posts Q4 net revenue of $2.88 billion, missing analysts' expectations of $2.91 billion, according to data compiled by LSEG

Forecasts full-year profit growth of over 10%, versus market expectations of 12.5%

Co has cut costs amid weak consumer spending, and has closed some manufacturing facilities and sold its aerospace business last year

Co's comparable earnings of 84 cents per share beats analysts' estimates of 80 cents per share

BALL stock fell 4.16% in 2024