Investing.com - Ball reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ball announced earnings per share of $0.77 on revenue of $3.72B. Analysts polled by Investing.com anticipated EPS of $0.8207 on revenue of $3.48B.
Ball shares are down 13% from the beginning of the year and are trading at $83.22 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.78% from the start of the year.
Ball follows other major Materials sector earnings this month
Ball's report follows an earnings beat by Vale ADR on April 27, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.838 on revenue of $11.66B.
Sherwin-Williams had beat expectations on April 26 with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar