Ball Corp. Q3 Profit Falls

(RTTNews) - Ball Corp. (BLL) Thursday announced a sharp fall in third quarter net earnings attributable to the company of $44.5 million or $0.32 per share, compared to $148.4 million or $1.04 per share last year.

On average, 9 analysts polled by Thomson Reuters expected the company to earn $0.95 per share. Analysts figures usually exclude special items.

Revenue for the quarter declined to $2.097 billion from $2.238 billion a year ago. Wall Street was looking for revenue of $2.31 billion.

Looking ahead to the full year 2015, the company expects free cash flow to be in the range of $550 million, excluding cash costs for the proposed Rexam acquisition.