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Ball Corp (BLL) Q1 2021 Earnings Call Transcript


Operator
Greetings, and welcome to the Ball Corporation First Quarter 2021 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the conference over to John Hayes, Chief Executive Officer. Please go ahead, Mr. Hayes.
John A. Hayes
Chairman and Chief Executive Officer
Great. Thank you, Frans, and good morning, everyone. This is Ball Corporation s conference call regarding the company s first quarter 2021 results. The information provided during this call will contain forward-looking statements. Actual results or outcomes may differ materially from those that may be expressed or implied. Some factors that could cause the results or outcomes to differ are in the company s latest 10-K and in other company SEC filings as well as company news releases. If you don t already have our earnings release, it s available on our website at ball.com. Information regarding the use of non-GAAP financial measures may also be found in the notes section of ....

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Ball Reports Strong First Quarter 2021 Results


WESTMINSTER, Colo., May 6, 2021 /PRNewswire/ Ball Corporation (NYSE: BLL) today reported, on a U.S. GAAP basis, first quarter 2021 net earnings attributable to the corporation of $200 million (including net after-tax charges of $40 million, or 12 cents per diluted share for business consolidation and other non-comparable items), or 60 cents per diluted share, on sales of $3.1 billion, compared to $23 million net earnings attributable to the corporation, or 7 cents per diluted share (including net after-tax charges of $179 million, or 54 cents per diluted share for business consolidation and other non-comparable items), on sales of $2.8 billion in 2020. Ball s first quarter 2021 comparable net earnings were $240 million, or 72 cents per diluted share, compared to $202 million, or 61 cents per diluted share in 2020. ....

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