Ball Corporation Q3 2026: Revenue Rises 24%, EPS Beats Estimates
As seen on the 24/7 Wall St. homepage on November 3, 2026.
The GAAP net loss of $94 million comes almost entirely from a $475 million noncash charge on the UK pension buy-out. Revenue beat expectations, and management stood by its 2026 call for 10-plus percent comparable EPS growth.
Continue ReadingShow less
Ball Corporation's third-quarter revenue of $4.19 billion rose 24.2% from a year ago, exceeding expectations on volume growth across every region.
Adjusted EPS of $1.10 beat expectations, extending a streak of quarterly beats, while global aluminum packaging shipments rose 4.7%.
The GAAP headline muddies the picture: Ball reported a net loss of $94 million, almost entirely because of a $475 million noncash charge to settle its U.K. defined benefit pension plan. That charge is a one-time accounting event tied to closing out a long-standing liability.
Sponsored
Management held full-year 2026 guidance steady, calling for comparable diluted EPS growth of more than 10% and free cash flow of roughly $900 million. New plants planned in Germany and India extend the runway.
The number investors will want to reconcile is leverage: net debt to comparable EBITDA rose to 3.21 times during the quarter. Whether that improves into year-end tests the full-year free cash flow target.
Sources
Mentioned: BALL