BUZZ-Ball Corp shares fall as it turns to a loss in the third quarter

Latest Updates

November 3 - ** Ball Corporation (BALL.N) shares fell as much as 7.1% in midday trading to $63.20

** If the decline persists, this would mark the biggest single-day drop since May 2026

** The aluminum packaging manufacturer posted a third-quarter loss as it recorded a $475 million non-cash pension settlement charge (link)

** Third-quarter net loss was $94 million, or 36 cents per share; compared with a net profit of $321 million, or $1.18 per share, in the same period last year

** Thanks to strong demand for beverage cans, increased shipments, and favorable pricing, third-quarter net sales and adjusted profit both exceeded expectations

** As of the close of the previous trading day, BALL is up about 29% year-to-date

(To assist non-native English speakers, Reuters automates the translation of its reports into several other languages. Since automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation content, which is provided solely for the reader's convenience. Reuters assumes no responsibility for any damage or loss resulting from the use of the automated translation function.)