Ball Corporation Reveals 58% Gain In Q1 Profit

(RTTNews) - Ball Corporation (BLL) reported a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line came in at $136 million, or $0.76 per share. This was up from $86 million, or $0.59 per share, in last year's first quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 40.3% to $2.47 billion. This was up from $1.76 billion last year.

Ball Corporation earnings at a glance:

-Earnings (Q1): $136 Mln. vs. $86 Mln. last year. -Earnings Growth (Y-o-Y): 58.1% -EPS (Q1): $0.76 vs. $0.59 last year. -EPS Growth (Y-o-Y): 28.8% -Analysts Estimate: $0.70 -Revenue (Q1): $2.47 Bln vs. $1.76 Bln last year. -Revenue Change (Y-o-Y): 40.3%