Ball Corporation (BALL) earnings on August 4, 2026

Before the market opens Q2 2026

More Ball Corporation earnings

Prior outlook: No statistical edge

Ball's quarterly numbers beat expectations, but the stock still fell, dipping 7% intraday and closing down 2% after the company gave a weaker outlook for next year.

BALL price around the earnings

63.75

Change: -2.4%

2026-08-04, 20:00 UTC

End of the measured window
60.80 62.55 64.30 66.05 65.31
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Neutral outlook, risk of pullback after earnings

Experts see a balanced picture: analysts are moderately positive and the company has a good earnings record, but the stock has risen sharply recently, which historically has led to a pullback after earnings are released.

Context analyzed before publication

Summary
Neutral outlook, risk of pullback after earnings
Playbook
The stock has been rising strongly, and analysts' price targets are only slightly above the current price. Historically, such strong runs have often been followed by a price drop when earnings come out.
Trend
Analyst confidence fluctuated, now neutral

Analysts

Drivers

  • Analysts Positive

    Analysts rate the stock a 'buy' with an average price target of $71, citing a moderate 9% above the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.6
Analysts covering the stock
14
Average price target
71.14
Lowest price target
60
Highest price target
77
Upside to price target
9.2%
Quarterly earnings growth
14.5%
Revenue growth
16.3%
Forward EPS
4.52
Trailing EPS
3.43
Analyst moves in the last 60 days
3
  • Strong buy: 3
  • Buy: 9
  • Hold: 3
  • Sell: 0
  • Strong sell: 0
Strong buy
3
Buy
9
Hold
3
Sell
0
Strong sell
0
  • July 14, 2026 · B of A Securities: Maintains rating (Buy → Buy)
  • July 9, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
  • July 9, 2026 · Citigroup: Maintains rating (Buy → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (4)

Technicals

Drivers

  • Technical Positive

    The stock's trend is positive, with a 14-day gain of 4.7% and a 30-day gain of 3.0%, and it's slightly outperforming the market.

Evidence

Price when the context was analyzed
65.18
Average true range (ATR)
2.4%
Distance to 52-week high
-3.6%
14-day change (14d)
+4.7%
30-day change (32d)
+3.0%
30-day relative strength
+1.3%
SPY change (32d)
+1.7%
Nearest support
64.88
Distance to nearest support
0.5%
Nearest resistance
65.4
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.65
  • Major: 64.88 (0.5% away, 0.2 ATR, 24 touches)
  • Minor: 64.45 (1.1% away, 0.47 ATR, 9 touches)
  • Major: 63.9 (2% away, 0.83 ATR, 29 touches)
  • Mid: 65.4 (0.3% away, 0.14 ATR, 13 touches)
  • Mid: 65.84 (1% away, 0.43 ATR, 21 touches)
  • Mid: 66.44 (1.9% away, 0.82 ATR, 18 touches)

Trends

Evidence

Average earnings surprise
+4.0%
  • May 5, 2026: actual EPS 0.94 vs estimate 0.84 (surprise +11.3%)
  • February 3, 2026: actual EPS 0.91 vs estimate 0.9 (surprise +1.5%)
  • November 4, 2025: actual EPS 1.02 vs estimate 1.02 (surprise -0.2%)
  • August 5, 2025: actual EPS 0.9 vs estimate 0.87 (surprise +3.3%)

Expected move

Drivers

  • Past earnings Positive

    The company has beaten earnings expectations in three of the last four quarters, with an average surprise of 4%.

Implied move
+2.1%
Source
Options chain

Reactions over its last 20 earnings

Median move
6.1%
75th percentile move
7.7%
90th percentile move
9.4%
Up / down moves
12 / 8
Average up move
+5.2%
Average down move
-7.0%

Monitoring and close

What Ball Corporation reported

Status
Finished
Actual EPS0.77
EPS estimate0.98
EPS surprise-21.4%
Revenue$3,997 million
Revenue estimate$3,712 million
Revenue surprise+7.7%

Ball beat second-quarter expectations on higher aluminum packaging volumes. Shares slipped slightly, yet the 2026 outlook remains optimistic.

Sources (11)

Pre-market second reading after the results

Verdict
Missed expectations

Heading into the open, results beat expectations on revenue but not on earnings, and the price is indicating -1.8% pre-market, a move below the stock's usual reaction (about 6%). The figures don't confirm the prior scenario: there was no prior directional scenario to check against.

How the stock reacted

Consolidated
-2.1%
Max move
-6.9%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.