Ball Q3 2026: sales up 23.9%, GAAP loss on pension charge
Ball's third quarter looks ugly at the top of the income statement and solid underneath. Sales of $4.19 billion rose 23.9%, comparable EPS of $1.10 edged past the $1.0885 consensus, and a $475 million noncash pension charge dragged GAAP to a $0.36 loss. Read the comparable lines for the business; read the cash flow statement for the risk.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was a loss of $0.36, driven mainly by a $475 million noncash settlement charge on the U.K. pension buy-out. Strip that and other non-comparable items out and comparable EPS was $1.10, up 6.8% from $1.03 and just above the $1.0885 consensus. The $1.46 gap between the two numbers is accounting noise, not a change in the can business.
Sales rose to $4.19 billion from $3.38 billion a year earlier, up 23.9%. That jump leans heavily on higher aluminum prices passed through to customers and on acquisitions, while actual global shipments grew 4.7%. Revenue is the least informative line here; segment profit is where the quarter is decided.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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