"We continue to expect full year improved operating results in global beverage as well as in Transit Packaging. We affirm our previously issued guidance including adjusted annual EBITDA growth of 8-12% and 2023 adjusted diluted earnings per share to be in the range of $6.20 to $6.40, including a $1.20 per diluted share year over year impact from additional noncash pension and higher net interest expense. The Company expects the adjusted effective income tax rate to be between 24% and 25% and adjusted free cash flow to be approximately $500 million after $900 million in capital expenditures. Second quarter adjusted diluted earnings per share is expected to be in the range of $1.60 to $1.70 which includes headwinds from higher interest and pension expense."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CCK:
