NYSE$BALL
Ball Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a net loss due to non-cash impairment for Russian operations and delivered stable comparable operating earnings amid cost inflation and demand volatility.
Ball Corporation reported a net loss of $174 million, or a loss of 55 cents per diluted share, on sales of $4.13 billion. Comparable earnings per diluted share were 82 cents. The company is rephasing certain beverage can growth capital projects and optimizing production capabilities.
- Second quarter U.S. GAAP loss per diluted share of 55 cents vs. earnings per diluted share of 61 cents in 2021; company recorded non-cash, long-lived asset impairment for Russian operations during second quarter of 2022
- Second quarter comparable earnings per diluted share of 82 cents vs. 86 cents in 2021
- Global beverage can shipments up 3.3%; multi-year sustainability and growth thesis intact
- Strong aerospace backlog and contracts won-not-booked of $3.0 billion and $4.7 billion, respectively
Headline financials
Revenue & EPS history
Ball · Revenue · Quarterly
$4.13B
Revenue by segment
Ball · $3.44B total across 3 segments · Q2 2022
- Beverage Pkg NCA$1.78B+16.5%51.6%
- Beverage Pkg EMEA$1.13B+25.1%32.9%
- Beverage Pkg South Am$534M+18.1%15.5%
Forward guidance
Ball Corporation is well-positioned for medium-term and long-term growth and returning significant value to shareholders through share repurchases and dividends.
Tailwinds
- Business execution
- Being good stewards of our cash
- Controlling the things we can control in today’s global economic and geopolitical environments is key
- Our company’s resiliency, financial strength, recession resistant business portfolio and low cost of capital continue to provide stability, optionality and opportunities for long-term growth
- Well-positioned for medium-term and long-term growth and returning significant value to shareholders through share repurchases and dividends
Headwinds
- Global economic environments
- Geopolitical environments
- Inflationary costs
- Economic volatility
- Associated effects
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 Q2 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro