Ball Corp (NYSE:BALL)
$ 56.49 0.33 (0.59%) Market Cap: 16.76 Bil Enterprise Value: 21.20 Bil PE Ratio: 4.24 PB Ratio: 2.52 GF Score: 84/100

Q2 2024 Ball Corp Earnings Call Transcript

Aug 01, 2024 / 03:00PM GMT
Release Date Price: $64.54 (+1.11%)
Operator

(Operator Instructions)

Brandon Potthoff
Ball Corp - IR

Repurchasing shares, improving operational efficiencies and leveraging our well-capitalized plant assets to grow the use of innovative, sustainable aluminum packaging across channels, categories and venues. Based on our current demand trends and the previously mentioned drivers, we are positioned to grow comparable diluted EPS. mid-single digits plus of 2023. Reported comparable diluted EPS of $2.90 per share generates strong adjusted free cash cash flow, strengthened our balance sheet and now expect return of value in excess of 1.6 billion to shareholders via share repurchases and dividends in 2024.

With that, I'll turn it over to Howard.

Howard Yu
Ball Corp - Chief Financial Officer, Executive Vice President

Thank you, Dan. Turning to our results, second quarter 2020 for comparable diluted earnings per share was $0.74 versus $0.61 in the second quarter of 2023. Second quarter sales were influenced by the pass-through of lower aluminum prices as

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