Ball Corporation Q3 adjusted earnings Miss Estimates

(RTTNews) - Ball Corporation (BLL) announced a profit for its third quarter that rose from the same period last year.

The company's profit totaled $59 million, or $0.17 per share. This compares with $48 million, or $0.13 per share, in last year's third quarter.

Excluding items, Ball Corporation reported adjusted earnings of $197 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $2.95 billion from $2.91 billion last year.

Ball Corporation earnings at a glance:

-Earnings (Q3): $197 Mln. vs. $188 Mln. last year. -EPS (Q3): $0.56 vs. $0.52 last year. -Analysts Estimate: $0.59 -Revenue (Q3): $2.95 Bln vs. $2.91 Bln last year.