WASHINGTON (dpa-AFX) - Crown Holdings, Inc. (CCK) reported fourth-quarter net income attributable to company of $13 million compared to $49 million in the fourth quarter last year. Income per share was $0.09 compared to $0.36. Net income per share before certain items was $0.48 in the fourth quarter.
On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.48 for the quarter. Analysts' estimates typically exclude special items.
Net sales grew to $2.13 billion from $2.07 billion in the fourth quarter of 2013, reflecting the impact of the Mivisa acquisition and increased beverage can volumes, partially offset by $90 million of unfavorable currency translation. Analysts expected revenue of $2.18 billion for the quarter.
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