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Ball Corporation (NYSE:BLL ) Q1 2022 Results Conference Call May 5, 2022 11:00 AM ET Company Participants John Hayes - Chairman & CEO Dan Fisher - President & CEO Scott Morrison - EVP & CFO Conference Call Participants Anthony Pettinari - Citi Ghansham Panjabi - Baird Chris Parkinson - Mizuho George Staphos - Bank of America Mike Leithead - Barclays Arun Viswanathan - RBC Capital Markets Phil Ng - Jefferies Mike Roxland - Truist Securities Angel Castillo - Morgan Stanley Mark Wilde - Bank of Montreal Curt Woodworth - Credit Suisse Kyle White - Deutsche Bank Adam Samuelson - Goldman Sachs Operator Greetings, and welcome to the Ball Corporation First Quarter 2022 Earnings Call. During the presentation, all participants will be in a listen-only mode.
Ball Corp (BLL) reports strong results in Q1, driven by robust demand for its aluminum packaging and aerospace technologies.
Ball Corporation (NYSE: BLL) reported first-quarter FY22 sales growth of 18.9% year-on-year to $3.72 billion, beating the consensus of $3.5 billion. Beverage packaging, North and Central America sales rose 24.2% Y/Y, Beverage packaging EMEA increased 18.3%, Beverage packaging South.
Ball (BLL) delivered earnings and revenue surprises of -7.23% and 4.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Ball Corp's (BLL) Q1 performance is likely to reflect benefits from solid demand for beverage can packaging, can plant capacity expansions and robust aerospace backlog.