NYSE$BALL
Ball Corp · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Ball's first quarter results increased due to strong performance amid geopolitical and economic conditions.
Ball Corporation reported strong first quarter results with comparable diluted earnings per share increasing by 7 percent and comparable operating earnings increasing by 6 percent. The company navigated supply chain disruptions and inflation, while commissioning capital projects on time and on budget. Ball also announced its decision to leave Russia and pursue the sale of its local operations.
- U.S. GAAP earnings per diluted share were $1.37, compared to 60 cents in 2021.
- Comparable earnings per diluted share were 77 cents, up from 72 cents in 2021, a 7% increase.
- Beverage can shipments increased by 10% in EMEA and 3% in North America; global specialty mix reached 51%.
- Aerospace backlog increased to $3.2 billion, up 28% since the end of 2021.
Headline financials
Revenue & EPS history
Ball · Revenue · Quarterly
$3.72B
Revenue by segment
Ball · $3.21B total across 4 segments · Q1 2022
- Beverage Pkg NCA$1.61B+24.2%50.1%
- Beverage Pkg EMEA$942M+18.3%29.3%
- Beverage Pkg South Am$494M+1.4%15.4%
- Other$167M+36.9%5.2%
Forward guidance
Ball Corporation is well-positioned for near-term and long-term growth, cost/price recovery and accelerating return of value to shareholders despite our recent decision to leave Russia.
Tailwinds
- The company is well-positioned for near-term and long-term growth.
- The company is expecting cost/price recovery.
- The company is expecting accelerating return of value to shareholders.
- The company has successfully navigated economic and geopolitical volatility on many occasions over the past 142 years.
- The company's culture, talented team, capital allocation discipline and strong demand for its products will enable the company to replicate its strong performance.
Headwinds
- The company recently decided to leave Russia.
- The company is facing challenges that exist or could emerge.
- The company has announced intention to sell its Russian business.
- The company is facing inflationary costs.
- The company needs to offset inflationary costs over time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.2%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+0.8%
Avg return
30 days after
56%
38 / 68 earnings
Positive
+12.1%
Q1 2023
Best reaction
-22.6%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | -3.9% | -14.3% | |
| Q4 2025 | +8.0% | +17.3% | +11.5% | |
| Q3 2025 | +1.6% | +4.0% | +3.7% | |
| Q1 2025 | -0.4% | +0.5% | +3.2% | |
| Q4 2024 | -6.9% | -9.4% | -6.3% | |
| Q3 2024 | -8.1% | -6.6% | -3.2% | |
| Q2 2024 | +1.5% | -0.8% | -0.0% | |
| Q1 2024 | +8.1% | +4.3% | +5.2% | |
| Q4 2023 | +7.3% | +3.2% | +15.9% | |
| Q3 2023 | +7.7% | +5.4% | +18.5% | |
| Q2 2023 | +1.3% | -1.4% | -3.8% | |
| Q1 2023 | +12.1% | +9.1% | +4.2% | |
| Q4 2022 | +0.9% | -1.4% | -2.3% | |
| Q3 2022 | +6.3% | +5.6% | +16.6% | |
| Q2 2022 | -22.6% | -24.6% | -23.3% | |
| Q1 2022 | -13.6% | -17.0% | -11.6% | |
| Q4 2021 | -1.0% | -1.3% | +1.3% | |
| Q3 2021 | -3.9% | -3.0% | -0.9% | |
| Q2 2021 | +7.9% | +12.4% | +23.2% | |
| Q1 2021 | +2.1% | +2.8% | +10.8% | |
| Q4 2020 | +0.2% | -2.3% | -9.9% | |
| Q3 2020 | +3.6% | +0.9% | +0.1% | |
| Q2 2020 | +0.7% | -1.5% | +9.9% | |
| Q1 2020 | -2.8% | -5.8% | -0.6% | |
| Q4 2019 | -1.8% | -2.1% | -29.7% | |
| Q3 2019 | -4.9% | -4.7% | -5.6% | |
| Q2 2019 | -2.0% | +0.7% | +7.6% | |
| Q1 2019 | +0.9% | +0.4% | +3.6% | |
| Q4 2018 | +0.7% | +1.9% | +6.4% | |
| Q3 2018 | -0.4% | +2.6% | +3.1% | |
| Q2 2018 | +2.3% | +2.3% | +3.3% | |
| Q1 2018 | -2.1% | +1.4% | +1.0% | |
| Q4 2017 | -1.4% | +1.5% | -0.6% | |
| Q3 2017 | -1.7% | -4.2% | -2.3% | |
| Q2 2017 | -2.5% | -1.1% | -2.0% | |
| Q1 2017 | -0.4% | -1.3% | +4.4% | |
| Q4 2016 | -1.6% | -3.6% | -1.0% | |
| Q3 2016 | -0.0% | -3.4% | -3.2% | |
| Q2 2016 | +0.2% | -0.4% | -3.4% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | +4.3% | — | — | |
| Q2 2015 | -3.2% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | +0.9% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q4 2013 | -0.4% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | -3.4% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +4.2% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q1 2010 | +1.8% | — | — | |
| Q2 2011 | +3.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2010 | -1.3% | — | — | |
| Q4 2008 | -1.3% | — | — | |
| Q3 2010 | +2.5% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q2 2010 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — |
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