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Ball Corp.'s Q4 sales declined due to US market disruptions affecting a major beer client, despite earnings exceeding Wall Street projections.
Ball Corp. experienced a decline in fourth quarter sales due to its exposure to a major beer brand that faced disruptions in the US market.
The company reported a profit of $154 million, or 49 cents per share, for the quarter.
Although the earnings surpassed Wall Street's expectations, revenues of $3.4 billion missed forecasts by $160 million.
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Las ventas de Ball Corp. en el cuarto trimestre disminuyeron debido a las perturbaciones del mercado estadounidense que afectaron a un importante cliente de cerveza, a pesar de que las ganancias superaron las proyecciones de Wall Street.