Ball stock: Q3 adjusted EPS rises as aluminum shipments gain

Published on 11/12/2026 at 01:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ball stock follows stronger adjusted earnings and higher global aluminum packaging shipments. Management maintained its 2026 earnings outlook.

Ball's quarterly outlook remains intact

Comparable diluted earnings per share rose 6.8 percent year over year to 1.10 US dollars in the third quarter.
Management maintained its outlook for more than 10 percent comparable diluted earnings-per-share growth in 2026.
A 475 million US dollar noncash pension settlement charge pushed the quarter to a GAAP loss.

Ball Corp., US0584981064, Illustration mit AI erstellt.

Ball Corporation reported stronger underlying performance for the quarter ended September 30, 2026, despite a statutory loss caused largely by a noncash pension charge. In its November 3 earnings release, the packaging group said comparable diluted earnings per share increased 6.8 percent year over year to 1.10 US dollars.

Adjusted earnings improve

Comparable operating earnings rose 2.5 percent to 451 million US dollars, while global aluminum packaging shipments increased 4.7 percent. Sales reached 4.19 billion US dollars, compared with 3.38 billion US dollars in the year-earlier quarter.

On a US GAAP basis, Ball reported a 94 million US dollar net loss, or 0.36 US dollars per diluted share, against earnings of 321 million US dollars, or 1.18 US dollars per share, a year earlier. The company said the quarterly reconciling items primarily included a 475 million US dollar noncash settlement charge linked to a UK defined-benefit pension buyout and costs related to facility closures.

Guidance stays in place

Ball kept its 2026 outlook for more than 10 percent comparable diluted earnings-per-share growth and free cash flow in the range of 900 million US dollars. The company also plans beverage-can manufacturing capacity in Baruth, Germany, and India to support customer growth in its EMEA and regional networks.

Ball stock traded at 59.36 euros on Lang & Schwarz at 11:00 p.m. CET on Wednesday, November 11, 2026.

Ball's packaging business

Ball Corporation supplies sustainable aluminum packaging for beverage, personal care and household-products customers. Its reported operations include beverage packaging in North and Central America, EMEA and South America, as well as aluminum aerosol containers, recloseable bottles and aluminum slugs in its other activities.