Track market-moving stories before they get noisy

HomeEarnings AnalysisConsumer 

SummaryMonarch Casino delivered a 6% EPS beat, with hotel segment growth and robust cash generation, despite a 5% stock pullback post-earnings.MCRI's hotel revenue rose 13% YoY, now over 15% of total revenue, driven by regional visitation trends and recent property renovations.Adjusted EBITDA margin dipped 30 bps to ~37%, mainly due to higher F&B costs and wage inflation, but SG&A remains well-controlled.I upgrade to a moderate 'Buy,' targeting $125 short-term and $140–$150 medium-term, citing strong EPS growth and M&A optionality. Alex Potemkin/iStock via Getty Images

Monarch Casino (MCRI), which I affectionately call the 'Jewel of Regional Casinos,' reported its earnings yesterday.

I had written that I expected a moderate EPS beat, with revenue at the same pace as the last

950 Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

, /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.35 per share payable August 20, 2026, to shareholders of record as of August 6, 2026.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. Learn more at www.crowncork.com.

For more information, contact:
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, (215) 698-5281, or
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

SOURCE Crown Holdings, Inc.

HOUSTON, July 22, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2026, and updated its full year 2026 Outlook, as reflected in the table below. (dollars in millions, except per share amounts) Current Full Year 2026 Outlook Midpoint(a) Full Year 2025 Actual % Change Previous Full Year 2026 Outlook(b) Current Compared to Previous Outlook Site rental revenues( c ) $ 3,855 $ 4,049 (5 )% $ 3,850 $ 5 Net income (loss) $ 870 $ 444 96 % $ 830 $ 40 Net income (loss) per share—diluted $ 2.02 $ 1.01 100 % $ 1.94 $ 0.08 Adjusted EBITDA( c )( d ) $ 2,690 $ 2,863 (6 )% $ 2,690 $ — AFFO( c )( d ) $ 1,975 $ 1,904 4 % $ 1,970 $ 5 AFFO per share( c )( d ) $ 4.59 $ 4.36 5 % $ 4.59 $ — (a) Reflects midpoint of full year 2026 Outlook as issued on July 22, 2026.

Crown Castle Inc. has declined to 2014-2016 levels, reflecting valuation compression and capital allocation missteps. CCI's fiber business sale was at $8.5 billion, well below its $20 billion capex. Current valuation and a 5.5% dividend yield make CCI attractive for income-focused strategies, especially via longer-dated covered calls.

Crown Holdings, Inc. (CCK) Q2 2026 Earnings Call Transcript

Posted by Defense World Staff on Jul 21st, 2026

Bank of New York Mellon Corp decreased its stake in shares of Crown Holdings, Inc. (NYSE:CCK – Free Report) by 12.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,159,975 shares of the industrial products company’s stock after selling 165,311 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.03% of Crown worth $116,288,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Illinois Municipal Retirement Fund increased its stake in shares of Crown by 232.0% during the first quarter. Illinois Municipal Retirement Fund now owns 19,400 shares of the industrial products company’s stock worth $1,945,000 after buying an additional 13,556 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Crown by 27.4% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,641 shares of the industrial products company’s stock worth $766,000 after acquiring an additional 1,643 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Crown by 2.0% in the first quarter. Principal Financial Group Inc. now owns 250,252 shares of the industrial products company’s stock worth $25,088,000 after acquiring an additional 5,025 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Crown by 7.5% during the 1st quarter. Chicago Partners Investment Group LLC now owns 12,352 shares of the industrial products company’s stock worth $1,258,000 after acquiring an additional 866 shares in the last quarter. Finally, Arbejdsmarkedets Tillaegspension increased its position in shares of Crown by 1.0% in the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 249,499 shares of the industrial products company’s stock valued at $25,012,000 after purchasing an additional 2,589 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target on the stock in a research note on Monday, May 18th. BMO Capital Markets started coverage on Crown in a report on Thursday. They set an “outperform” rating and a $130.00 price target for the company. Citigroup upped their price objective on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Crown has a consensus rating of “Moderate Buy” and an average target price of $124.07.

Get Our Latest Stock Report on Crown

Insider Transactions at Crown In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Key Crown News Here are the key news stories impacting Crown this week:

Positive Sentiment: Second-quarter earnings beat Wall Street estimates, with Crown reporting $2.49 EPS versus $2.15 expected, and revenue of $3.67 billion versus $3.37 billion expected. Crown Holdings Q2 Earnings and Revenues Top Estimates Positive Sentiment: Management lifted FY 2026 EPS guidance to $8.30-$8.50, above the $8.10 consensus, signaling confidence in full-year profitability. Positive Sentiment: Operational momentum improved as global beverage can volumes rose 5%, supporting higher sales and suggesting steady demand in Crown’s core packaging business. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise Neutral Sentiment: The company’s Q3 EPS guidance of $2.20-$2.30 was slightly below the $2.25 consensus midpoint, which may limit upside as investors assess whether the strong second quarter can carry forward. Neutral Sentiment: Technical commentary noted a recent golden cross, which can be viewed as a constructive long-term chart signal, though it was not a direct fundamental driver. Should You Buy Crown Holdings After Golden Cross? Crown Trading Down 2.1% CCK opened at $114.73 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $118.50. The business’s 50 day moving average is $103.18 and its two-hundred day moving average is $104.80. The firm has a market cap of $12.82 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 1.96 and a beta of 0.60.

Crown (NYSE:CCK – Get Free Report) last posted its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.34. The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.During the same period in the prior year, the company earned $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, research analysts predict that Crown Holdings, Inc. will post 8.06 EPS for the current year.

Crown Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Crown Profile (Free Report)

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

See Also Five stocks we like better than Crown The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding CCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Holdings, Inc. (NYSE:CCK – Free Report).

Receive News & Ratings for Crown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBaader Bank Aktiengesellschaft Purchases New Shares in Klarna Group plc $KLAR

NEXT HEADLINE »Baader Bank Aktiengesellschaft Decreases Position in Tesla, Inc. $TSLA

The maker of aluminum cans and aerosol containers said global beverage can volumes increased 5%.

, /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the second quarter ended June 30, 2026.

Highlights

Second Quarter

Diluted earnings per share of $2.23 versus $1.56 in 2025 Adjusted diluted earnings per share increased 16% to $2.49 compared to $2.15 in 2025 Global beverage can volumes increased 5% Share repurchases of $305 million during the quarter.  Total share repurchases almost 7% of outstanding Company shares over previous twelve months Net leverage ratio of 2.5x adjusted EBITDA 2026 Outlook

Full year guidance range for adjusted diluted earnings per share increased to $8.30 to $8.50 with adjusted free cash flow of at least $900 million Commenting on the quarter, Timothy J. Donahue, Chairman, President and Chief Executive Officer, stated, "The Company continued its strong 2026 performance with excellent second quarter results.  Global beverage can volume growth of 5% in the quarter was driven by double-digit gains in Asia and increases of 7% and 5% in Europe and North America, respectively, which more than offset softer demand in Latin America.  Second quarter segment income results also reflect robust results across the Company's beverage can equipment and North American Tinplate businesses. The Transit business performed well despite a continuing tepid global industrial production environment.

"The Company is on pace for another exceptional year in 2026.  Notably, we expect that global beverage can demand will continue to thrive, as customers and consumers alike continue to increasingly prefer aluminum cans as the most sustainable and responsible beverage packaging option.  Cans are the ideal package for brands in both the alcoholic and non-alcoholic segments and continue to be the choice for new beverage product introductions around the world.  To meet this expanded demand, the Company is advancing as planned with previously announced capacity expansion projects in Brazil, Greece and Spain as well as the construction of a state-of-the-art facility in Northern India, marking Crown's entry into one of the world's fastest growing beverage markets.

"The Company has repurchased more than $500 million in stock during the first six months of the year, reflecting both our confidence in the long-term outlook for the Company and the continued strength of free cash flow generation.  We remain committed to a disciplined and opportunistic approach to share repurchases while balancing investment opportunities and maintaining financial flexibility through a strong balance sheet.  The net leverage ratio was 2.5x at the end of the second quarter of 2026."  

Net sales in the second quarter were $3,668 million compared to $3,149 million in the second quarter of 2025 reflecting higher global beverage can shipments, the pass-through of $395 million in higher material costs and favorable foreign currency translation of $32 million.

Income from operations was $464 million in the second quarter of 2026 compared to $391 million in the second quarter of 2025.  Segment income in the second quarter of 2026 was $501 million compared to $476 million in the prior year second quarter driven by 5% higher global beverage can shipments and strong results across the beverage can equipment and North American tinplate businesses offset by inflationary cost increases.

Net income attributable to Crown Holdings in the second quarter of 2026 was $245 million compared to $181 million in the second quarter of 2025.  Reported diluted earnings per share were $2.23 in the second quarter of 2026 compared to $1.56 in 2025 and adjusted diluted earnings per share were $2.49 compared to $2.15 in 2025.

Six Month Results
Net sales for the first six months of 2026 were $6,927 million compared to $6,036 million in the first six months of 2025, reflecting the pass-through of $629 million in higher material costs, favorable foreign currency translation of $106 million and higher global beverage can shipments.

Income from operations was $829 million in the first half of 2026 compared to $756 million in the first half of 2025.  Segment income in the first half of 2026 was $906 million compared to $874 million in the prior year period driven by 5% higher global beverage can shipments partially offset by inflationary cost pressures.

Net income attributable to Crown Holdings in the first six months of 2026 was $420 million compared to $374 million in the first six months of 2025. Reported diluted earnings per share were $3.78 compared to $3.21 in 2025.  Adjusted diluted earnings per share were $4.34 compared to $3.81 in 2025.

Outlook
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, commented "The global beverage can market remains healthy, our manufacturing network continues to perform at a high level and our balance sheet remains strong.  As a result, the Company is raising 2026 adjusted diluted earnings per share guidance from a range of $7.90 to $8.30 to a range of $8.30 to $8.50 and expects third quarter adjusted diluted earnings per share in the range of $2.20 to $2.30."

The Company expects to generate adjusted free cash flow of at least $900 million in 2026 after capital spending of approximately $550 million.

Non-GAAP Measures
Segment income, adjusted free cash flow, net debt, adjusted net leverage ratio, adjusted net income, the adjusted effective tax rate, adjusted diluted earnings per share, net interest expense, EBITDA and adjusted EBITDA are not defined terms under U.S. generally accepted accounting principles (non-GAAP measures).  Non-GAAP measures should not be considered in isolation or as a substitute for income from operations, cash flow, leverage ratio, net income, effective tax rates, diluted earnings per share or interest expense and interest income prepared in accordance with U.S. GAAP and may not be comparable to calculations of similarly titled measures by other companies.

The Company views segment income as the principal measure of the performance of its operations and adjusted free cash flow and adjusted net leverage ratio as the principal measures of its liquidity.  The Company considers all of these measures in the allocation of resources.  Adjusted free cash flow has certain limitations, however, including that it does not represent the residual cash flow available for discretionary expenditures since other non-discretionary expenditures, such as mandatory debt service requirements, are not deducted from the measure.  The amount of mandatory versus discretionary expenditures can vary significantly between periods.  The Company believes that adjusted free cash flow and adjusted net leverage ratio provide meaningful measures of liquidity and a useful basis for assessing the Company's ability to fund its activities, including the financing of acquisitions, debt repayments, share repurchases or dividends.  The Company believes that adjusted net income, segment income, the adjusted effective tax rate and adjusted diluted earnings per share are useful in evaluating the Company's operations as these measures are adjusted for items that affect comparability between periods.  Segment income, adjusted free cash flow, net debt, adjusted net leverage ratio, adjusted net income, the adjusted effective tax rate, adjusted diluted earnings per share, net interest expense, EBITDA and adjusted EBITDA are derived from the Company's Consolidated Statements of Operations, Cash Flows and Consolidated Balance Sheets, as applicable, and reconciliations to segment income, adjusted free cash flow, net debt, adjusted net leverage ratio, adjusted net income, the adjusted effective tax rate, adjusted diluted earnings per share and adjusted EBITDA can be found within this release.  Reconciliations of estimated adjusted diluted earnings per share, adjusted free cash flow, the adjusted effective tax rates and adjusted net leverage ratio for the third quarter and full year of 2026 to estimated diluted earnings per share, operating cash flow, the effective tax rate and income from operations on a GAAP basis are not provided in this release due to the unavailability of estimates of the following, the timing and magnitude of which the Company is unable to reliably forecast without unreasonable efforts, which are excluded from estimated adjusted diluted earnings per share, the adjusted effective tax rates and adjusted net leverage ratio, and could have a significant impact on earnings per share, the effective tax rate and income from operations on a GAAP basis: gains or losses on the sale of businesses or other assets, restructuring and other costs, asset impairment charges, asbestos-related charges, losses from early extinguishment of debt, pension settlement and curtailment charges, the tax and noncontrolling interest impact of the items above, and the impact of tax law changes or other tax matters.

Conference Call
The Company will hold a conference call tomorrow, July 21, 2026, at 9:00 a.m. (EDT) to discuss this news release.  Forward-looking and other material information may be discussed on the conference call.  The dial-in numbers for the conference call are 630-395-0194 or toll-free 888-324-8108 and the access password is "packaging."  A live webcast of the call will be made available to the public on the internet at the Company's website, www.crowncork.com.  A replay of the conference call will be available for a one-week period ending at midnight on July 28, 2026.  The telephone numbers for the replay are 203-369-0896 or toll free 866-427-6407.

Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements.  These forward-looking statements involve a number of risks, uncertainties and other factors, including expected levels of capital expenditures, free cash flow and earnings; the Company's ability to continue to operate its plants, distribute its products, and  maintain its supply chain, including any impact of the ongoing Middle East conflict; the Company's ability to complete the projects in Brazil, Greece, Spain and Northern India; the future impact of currency translation; the continuation of performance and market trends in 2026, including consumer preference for beverage cans and global beverage can demand; the future impact of inflation, including the potential for higher interest rates and energy and transportation prices and the Company's ability to recover raw material and other inflationary costs, including tariffs and retaliatory trade measures; future demand for food cans; the Company's ability to deliver continuous operational improvement and future demand in the Transit Packaging segment that may cause actual results to be materially different from those expressed or implied in the forward-looking statements.  Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2025 and in subsequent filings made prior to or after the date hereof.  The Company does not intend to review or revise any particular forward-looking statement in light of future events.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida.

For more information, contact:
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, (215) 698-5281
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

Unaudited Consolidated Statements of Operations, Balance Sheets, Statements of Cash Flows, Segment Information and Supplemental Data follow.

Consolidated Statements of Operations (Unaudited)

(in millions, except share and per share data)

  Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Net sales

$    3,668

$     3,149

$   6,927

$       6,036

    Cost of products sold

2,920

2,436

5,535

4,698

    Depreciation and amortization

116

114

234

224

    Selling and administrative expense

166

161

325

313

    Restructuring and other

2

47

4

45

Income from operations (1)

464

391

829

756

    Loss on debt extinguishment

1

3

1

    Other pension and postretirement

5

(1)

10

4

    Foreign exchange

3

9

11

Earnings before interest and taxes

456

382

816

740

    Interest expense

105

103

202

202

    Interest income

(14)

(14)

(26)

(27)

Income from operations before income taxes

365

293

640

565

    Provision for income taxes

89

78

159

124

    Equity earnings

1

1

2

Net income

276

216

482

443

    Net income attributable to noncontrolling interests

31

35

62

69

Net income attributable to Crown Holdings

$       245

$        181

$      420

$          374

Earnings per share attributable to Crown Holdings

common shareholders:

     Basic

$         2.24

$         1.57

$          3.80

$         3.22

     Diluted

$         2.23

$         1.56

$          3.78

$         3.21

Weighted average common shares outstanding:

     Basic

109,358,347

115,329,354

110,663,255

115,997,384

     Diluted

109,798,634

115,841,544

111,154,898

116,462,524

Actual common shares outstanding at quarter end

108,766,371

116,393,989

108,766,371

116,393,989

(1) Reconciliation from income from operations to segment income follows.

Consolidated Supplemental Financial Data (Unaudited)
(in millions)

Reconciliation from Income from Operations to Segment Income

The Company views segment income, as defined below, as a principal measure of performance of its operations and for the allocation of resources.  Segment income is defined by the Company as income from operations adjusted to exclude intangibles amortization charges and provisions for restructuring and other.

Three Months

 Ended June 30,

Six Months

Ended June 30,

2026

2025

2026

2025

Income from operations                              

$

464

$

391

$

829

$

756

Intangibles amortization

35

38

73

73

Restructuring and other

2

47

4

45

Segment income

$

501

$

476

$

906

$

874

Segment Information

Net Sales

Three Months Ended

 June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Americas Beverage

$

1,699

$

1,405

$

3,229

$

2,725

European Beverage

735

635

1,323

1,147

Asia Pacific

331

256

634

535

Transit Packaging

537

526

1,033

1,008

Other (1)

366

327

708

621

       Total net sales

$

3,668

$

3,149

$

6,927

$

6,036

Segment Income 

Americas Beverage

$

265

$

268

$

475

$

504

European Beverage

107

97

193

164

Asia Pacific

53

50

105

97

Transit Packaging

68

72

121

132

Other (1)

52

35

99

64

Corporate and other unallocated items

(44)

(46)

(87)

(87)

       Total segment income

$

501

$

476

$

906

$

874

(1) Includes the Company's North America tinplate businesses: food can, aerosol can and closures, and beverage tooling

     and equipment operations in the U.S. and United Kingdom.

Consolidated Supplemental Data (Unaudited)
(in millions, except per share data)

Reconciliation from Net Income and Diluted Earnings Per Share to Adjusted Net Income and Adjusted Diluted Earnings Per Share

The following table reconciles reported net income and diluted earnings per share attributable to the Company to adjusted net income and adjusted diluted earnings per share, as used elsewhere in this release. 

Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Net income/diluted earnings per share

  attributable to Crown Holdings, as reported

$245

$2.23

$181

$1.56

$420

$3.78

$374

$3.21

    Intangibles amortization (1)

35

0.32

38

0.33

73

0.66

73

0.62

    Restructuring and other  (2)

2

0.02

47

0.40

4

0.04

45

0.39

    Loss on debt extinguishment

1

0.01

3

0.02

1

0.01

    Other pension and postretirement (3)

(5)

(0.04)

(5)

(0.04)

    Income taxes (4)

(9)

(0.08)

(13)

(0.11)

(17)

(0.15)

(44)

(0.38)

    Noncontrolling interests (5)

(1)

(0.01)

Adjusted net income/diluted earnings per share

$273

$2.49

$249

$2.15

$482

$4.34

$444

$3.81

     Effective tax rate as reported

24.4 %

26.6 %

24.8 %

21.9 %

     Adjusted effective tax rate

24.4 %

24.3 %

24.4 %

24.7 %

Adjusted net income, adjusted diluted earnings per share and the adjusted effective tax rate are non-GAAP measures and are not meant to be considered in isolation or as a substitute for net income, diluted earnings per share and effective tax rates determined in accordance with U.S. generally accepted accounting principles.  The Company believes these non-GAAP measures provide useful information to evaluate the performance of the Company's ongoing business.

(1)

In the second quarter and first six months of 2026, the Company recorded charges of $35 million ($27 million net of tax) and $73 million ($56 million net of tax) for intangibles amortization arising from prior acquisitions.  In the second quarter and first six months of 2025, the Company recorded charges of $38 million ($29 million net of tax) and $73 million ($56 million net of tax) for intangibles amortization arising from prior acquisitions.

(2)

In the second quarter and first six months of 2026, the Company recorded net restructuring and other charges of $2 million ($1 million net of tax) and $4 million ($5 million net of tax).  In the second quarter and first six months of 2025, the Company recorded net restructuring and other charges of $47 million ($42 million net of tax) and $45 million ($40 million net of tax) primarily related to asset impairment charges in Asia Pacific, severance costs in the Transit Packaging segment and a reserve for a legal dispute.

(3)

In the second quarter of 2025, the Company recorded a pension settlement gain of $5 million ($4 million net of tax), related to repayment of the contribution the Company made in 2021 to settle the U.K. defined pension plan.

(4)

The Company recorded income tax benefits of $9 million and $17 million in the second quarter and first six months of 2026, primarily related to the items described above.  The Company recorded income tax benefits of $13 million and $44 million in the second quarter and first six months of 2025, primarily related to an income tax benefit of $22 million from an internal reorganization in the first quarter of 2025 and the items described above.

(5)

In the first six months of 2026, the Company recorded noncontrolling interest related to the items described above.

Consolidated Balance Sheets (Condensed & Unaudited)

(in millions)

June 30,

2026

2025

Assets

Current assets

   Cash and cash equivalents

$

656

$

936

   Receivables, net

1,999

1,864

   Inventories

1,795

1,629

   Prepaid expenses and other current assets

322

223

        Total current assets

4,772

4,652

Goodwill and intangible assets, net

4,014

4,169

Property, plant and equipment, net

5,205

5,041

Other non-current assets

565

616

        Total assets

$

14,556

$

14,478

Liabilities and equity

Current liabilities

   Short-term debt

$

44

$

201

   Current maturities of long-term debt

519

671

   Accounts payable and accrued liabilities

3,988

3,501

        Total current liabilities

4,551

4,373

Long-term debt, excluding current maturities

5,499

5,618

Other non-current liabilities

1,140

1,115

Noncontrolling interests

499

481

Crown Holdings shareholders' equity

2,867

2,891

Total equity

3,366

3,372

        Total liabilities and equity

$

14,556

$

14,478

Consolidated Statements of Cash Flows (Condensed & Unaudited)

(in millions)

Six months ended June 30,

2026

2025

Cash flows from operating activities

 Net income

$

482

$

443

 Depreciation and amortization 

234

224

 Restructuring and other

4

45

 Pension and postretirement expense

19

14

 Pension contributions

(10)

22

 Stock-based compensation

23

26

 Loss on debt extinguishment

3

 Working capital changes and other

(96)

(311)

           Net cash provided by operating activities

659

463

Cash flows from investing activities

 Capital expenditures

(203)

(89)

 Other

9

45

Net cash used for investing activities

(194)

(44)

Cash flows from financing activities

 Net change in debt

168

(83)

 Dividends paid to shareholders

(77)

(60)

 Common stock repurchased

(517)

(209)

 Dividends paid to noncontrolling interests

(41)

(62)

 Other, net (1)

(95)

(13)

           Net cash used for financing activities

(562)

(427)

Effect of exchange rate changes on cash and cash equivalents

(3)

30

Net change in cash and cash equivalents

(100)

22

Cash and cash equivalents at January 1

879

1,016

Cash, cash equivalents and restricted cash at June 30 (2)

$

779

$

1,038

(1)  Primarily consists of payments for assets financed in 2025.

(2)  Cash and cash equivalents include $123 million and $102 million of restricted cash at June 30, 2026 and 2025.

Adjusted free cash flow is defined by the Company as net cash from operating activities less capital expenditures and certain other items.  A reconciliation of net cash from operating activities to adjusted free cash flow for the three and six months ended June 30, 2026 and 2025 follows.

Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Net cash provided by operating activities

$              713

$         449

$          659

$            463

Interest included in investing activities (3)

4

16

13

Capital expenditures

(116)

(56)

(203)

(89)

Adjusted free cash flow

$              601

$         393

$          472

$              387

(3)  Interest benefit of cross currency swaps included in investing activities.

Consolidated Supplemental Data (Unaudited)

(in millions)

Impact of Foreign Currency Translation – Favorable/(Unfavorable) (1)

Three Months Ended

June 30, 2026

Six Months Ended

June 30, 2026

Net Sales

Segment

Income

Net Sales

Segment

Income

Americas Beverage

$

8

$

(1)

$

16

$

(3)

European Beverage

16

3

52

8

Asia Pacific

4

11

1

Transit Packaging

4

1

25

5

Corporate and other

(1)

2

$

32

$

2

$

106

$

11

(1) The impact of foreign currency translation represents the difference between actual current year U.S. dollar

     results and pro forma amounts assuming constant foreign currency exchange rates for translation in both periods. 

     In order to compute the difference, the Company compares actual U.S. dollar results to an amount calculated by

     dividing the current U.S. dollar results by current year average foreign exchange rates and then multiplying those

     amounts by the applicable prior year average foreign exchange rates.

Reconciliation of Adjusted EBITDA and Adjusted Net Leverage Ratio

June YTD

June YTD

Full Year

Twelve Months

Ended

2026

2025

2025

June 30, 2026

Income from operations

$

829

$

756

$

1,553

$

1,626

Add:

   Intangibles amortization

73

73

148

148

   Restructuring and other

4

45

83

42

Segment income

906

874

1,784

1,816

Depreciation

161

151

308

318

Adjusted EBITDA

$

1,067

$

1,025

$

2,092

$

2,134

Total debt

$

5,964

$

6,062

Less cash

764

656

Net debt

$

5,200

$

5,406

Adjusted net leverage ratio

2.5x

2.5x

SOURCE Crown Holdings, Inc.

After reaching an important support level, Crown Holdings, Inc. (CCK - Free Report) could be a good stock pick from a technical perspective. CCK recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a golden cross involves the 50-day and the 200-day moving averages, since bigger time periods tend to form stronger breakouts.

A successful golden cross event has three stages. It first begins when a stock's price on the decline bottoms out. Then, its shorter moving average crosses above its longer moving average, triggering a positive trend reversal. The third and final phase occurs when the stock maintains its upward momentum.

A golden cross is the opposite of a death cross, another technical event that indicates bearish price movement may be on the horizon.

Shares of CCK have been moving higher over the past four weeks, up 15.4%. Plus, the company is currently a #3 (Hold) on the Zacks Rank, suggesting that CCK could be poised for a breakout.

Looking at CCK's earnings expectations, investors will be even more convinced of the bullish uptrend. For the current quarter, there have been 1 change higher compared to none lower over the past 60 days, and the Zacks Consensus Estimate has moved up as well.

With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on CCK for more gains in the near future.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Crown Holdings (CCK - Free Report) Headquartered at Philadelphia, PA, Crown Holdings is a leading global manufacturer of packaging products for consumer goods. Crown makes a wide variety of steel and aluminum cans for food, beverage, household, and other consumer products and metal vacuum closures, steel crowns and caps.

CCK is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 13.85; value investors should take notice.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.01 to $8.06 per share. CCK also boasts an average earnings surprise of +9.5%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CCK should be on investors' short list.

Ubisoft trades at a deep discount to its Vantage subsidiary's implied value after Tencent's €1.16B investment and industry restructuring. The restructuring targets a €1.25bn cost base, addressing fixed cost pressures and aligning expenses with current net bookings. Valuation scenarios suggest significant upside, with market mispricing evident versus both Vantage value and peer multiples (2x EV/EBITDA vs. 16.4x).

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) still wears the crown as the world’s most valuable company at roughly $4.78 trillion, and every AI headline runs through it. But look at what has been happening while everyone else stares at the headline. NVIDIA fell 12% in the past month, while Google (NASDAQ:GOOG) at a market cap of $4.38 trillion keeps grinding. The gap is closing in real time.

The crowded AI trade is finally getting scrutinized NVIDIA’s last earnings report looked stellar on paper, and the stock still leaks. Traders’s concerns are structural. Goldman Sachs flagged AI infrastructure capex running around $770 billion in 2026, roughly the entire operating cash flow of the major cloud operators combined.

However, NVIDIA is quietly financing its own demand by backing Anthropic, OpenAI, and CoreWeave (NASDAQ:CRWV), who then turn around and buy chips. That circularity works beautifully when sentiment is high. It becomes a very different question when anyone leans on the tempo.

The bill for the AI buildout is showing up, and the market is starting to price the risk that it does not all might pencil out at 30 times earnings.

Google owns the whole stack Google’s Q1 2026 revenue hit $109.90 billion, up 21.8% year over year, with EPS of $5.11 against a $2.63 consensus. That is the fourth consecutive earnings beat, and revenue growth is accelerating each quarter.

Google Cloud grew 63% to $20.03 billion, and backlog nearly doubled quarter over quarter to over $460 billion. That backlog is contracted future revenue already booked, which is a very different animal from a forward guide.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Google owns the models (Gemini processing 16 billion tokens per minute), the infrastructure (TPUs, plus custom Icefish chips reportedly being built by Samsung), the distribution (Search still growing 19%, YouTube, Android, 350 million paid subscribers), and the demand itself. NVIDIA sells shovels to one gold rush. Google is running four different mines at once and grinding its own shovels in the back.

The valuation and durability case for a retirement book Then there is the multiple. Google trades at a trailing 27x P/E and a forward 25x, with a 36.1% operating margin and a 37.9% profit margin. Management just raised the dividend 5% to $0.22 per share, the stock was added to the Dow Jones Industrial Average on June 29, and Waymo is casually running 500,000 fully autonomous rides a week.

Analyst sentiment is stacked with 14 strong buys, 44 buys, and zero sell ratings. For a portfolio that wants durable AI exposure without a single-product hardware cycle riding shotgun, Google is the calmer expression of the same thesis.

Polymarket still gives Google only a 16% probability of finishing 2026 as the largest company in the world, and a 58% chance of ending July as number two. The crowd is late to price the rotation, which is exactly the moment before the re-rating actually happens.

The rotation from the NVIDIA headline trade toward Google is worth researching before the market finishes doing the math.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Contact [email protected] for any questions or corrections.

Shares of Crown Crafts, Inc. (CRWS - Free Report) have gained 1.4% since the company reported results for the quarter ended March 29, 2026, outperforming the S&P 500 Index, which declined 0.4% over the same period. Over the past month, however, the stock slipped 1.4%, although it still fared better than the broader market, as the S&P 500 fell 3.7%.

Crown Crafts’ Earnings SnapshotCrown Crafts reported fourth-quarter fiscal 2026 net sales of $22.4 million, down 3.7% from $23.2 million in the year-ago quarter. Net income improved to $0.3 million, or $0.03 per diluted share, from a net loss of $10.8 million, or $1.04 per diluted share, a year earlier, when results were weighed down by a $13.8 million non-cash goodwill impairment charge. Gross profit increased 20.8% to $5.1 million from $4.2 million, while gross margin expanded 460 basis points to 22.9% from 18.3%. CRWS did not report quarterly segment results.

For fiscal 2026, Crown Crafts reported net sales of $82.3 million, down 5.7% from $87.3 million in fiscal 2025, reflecting a 14.8% decline in bedding and diaper bag sales. This was partially offset by a 2.4% increase in bibs, toys and disposable products. CRWS returned to profitability with net income of $1.8 million, or $0.17 per diluted share, from a net loss of $9.4 million, or $0.90 per diluted share, in fiscal 2025. Gross profit declined 5.6% to $20.1 million, although the gross margin remained unchanged at 24.4%.

CRWS’ Other Key Business MetricsMarketing and administrative expenses remained essentially unchanged at $4.6 million in fourth-quarter fiscal 2026 despite inflationary pressures, reflecting continued cost discipline. Interest expense declined 41.7% to $194,000 from $333,000 in the prior-year quarter as debt levels were reduced.

At fiscal year-end, inventories totaled $28.4 million, up slightly from $27.8 million a year earlier, while total debt fell to $14.1 million from $18.5 million. Crown Crafts ended fiscal 2026 with total assets of $70.7 million.

CRWS ended the year with $12.5 million of available capacity under its revolving credit facility and generated $8.3 million in operating cash flow during fiscal 2026. The board also declared a quarterly cash dividend of $0.08 per share.

Crown Crafts’ Management CommentaryManagement said that Crown Crafts delivered a solid quarterly performance despite persistent macroeconomic challenges, including global conflicts, tariff volatility, elevated fuel prices and continued inflation that pressured consumer spending. President and chief executive officer Olivia Elliott highlighted the February relaunch of Manhattan Toy's Groovy Girls brand, describing the initial response from specialty retailers as encouraging following its commercial rollout in May. Management also reiterated its focus on expanding margins through internal product development, operating efficiencies and disciplined capital allocation while continuing to return capital to shareholders through dividends.

Executives attributed the fiscal 2026 sales decline primarily to fewer items included in programs at a major retailer and inventory shortages stemming from CRWS’ strategy to minimize the impact of higher tariffs during the early part of the fiscal year.

Factors Influencing CRWS’ ResultsThe improvement in profitability was driven primarily by strategic pricing initiatives and a more favorable sales mix of higher-margin products, which lifted gross margin by 460 basis points. Executives noted that price increases implemented to offset tariffs were fully reflected during the fiscal fourth quarter after taking effect progressively through the fiscal year. Lower interest expense resulting from debt reduction also supported earnings. Management added that inventory levels increased modestly, largely because tariffs were capitalized into inventory costs and to support the Groovy Girls launch.

During the earnings call, management also pointed to progress in international markets, attributing improved overseas sales to the consolidation of Manhattan Toy and Sassy distribution networks and the appointment of a new Canadian distributor. CRWS also cited shipments to the newly opened LEGOLAND Shanghai attraction as contributing to international growth. Meanwhile, diaper bags remained under pressure due to tariff-related cost increases and reduced shelf space at major retailers, prompting efforts to redesign and reposition the product category.

Crown Crafts’ GuidanceCrown Crafts did not provide formal financial guidance for fiscal 2027. Management expressed confidence in the company's competitive positioning, citing its portfolio of brands, retail partnerships, financial strength and ongoing investments in product innovation and marketing.

Executives said that they expect continued focus on cost controls, operating leverage and internal efficiency initiatives while seeking to capitalize on any recovery in consumer demand. Management also said that gross margins have additional room for expansion over time as sales improve and operating leverage increases.

CRWS’ Other DevelopmentsSubsequent to the quarter, Crown Crafts officially relaunched the Manhattan Toy Groovy Girls brand, with initial distribution through specialty retailers and broader availability planned through Amazon and international markets later in the year. CRWS also disclosed ongoing efforts to optimize its real estate footprint, including extending the lease on its Eden Valley warehouse to align with its Compton facility and evaluating a future consolidated warehouse location.

In addition, management confirmed it has applied for refunds related to previously imposed U.S. tariffs on Chinese imports and has already received approximately $175,000, while seeking recovery of a substantially larger amount.

, /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today the publication of its 2025 Sustainability Report, marking the midpoint of the Company's Twentyby30™ program and underscoring continued progress across its environmental, social and governance priorities.

Twentyby30™ is a comprehensive program which addresses key priorities including climate action, water stewardship, circularity and responsible sourcing, alongside employee safety and engagement, including 20 sustainability objectives to be completed by or before the end of 2030. The report highlights measurable achievements across Crown's global operations, alongside the introduction of refined and more targeted goals designed to accelerate progress toward 2030.

A key milestone in this year's report is the successful achievement of Crown's 2025 water stewardship goal, with a 20% reduction in water withdrawal across its operations, delivered while increasing production levels.

The Company continues to strengthen the integration of sustainability across its operations, further advancing efforts to optimize energy and water use while eliminating waste to landfill. Crown is simultaneously intensifying its engagement across its supply chain to accelerate decarbonization, working closely with suppliers and value chain stakeholders to advance aluminum decarbonization and reduce upstream emissions at scale.

In 2025, the Company took its commitment a step further by securing validation of its near‑term targets and net‑zero pathway from the Science Based Targets initiative (SBTi). Crown also deepened its understanding of nature-related dependencies and impacts and are reporting our first Nature-Related Financial Disclosures.

"At the midpoint of our Twentyby30™ program, we are proud of the progress achieved across our global operations," said Timothy J. Donahue, President, Chief Executive Officer and Chairman of the Board. "Achieving our 2025 water goal is a clear demonstration of what can be accomplished through strong operational discipline and global collaboration. We will continue to refine our priorities to drive meaningful impact and long-term value."

Sandrine Duquerroy-Delesalle, Vice President, Global Sustainability & External Affairs, added, "Delivering on key goals reflects the strength of our strategy and the dedication of our teams. As we move forward, our focus is on sharpening our efforts, prioritizing high-impact areas such as water-stressed regions, deepening engagement across our value chain, and ensuring our sustainability strategy continues to drive meaningful and measurable outcomes."

The report has been prepared in accordance with the Global Reporting Initiative (GRI) Core Standard and adheres to the Ten Principles of the United Nations Global Compact (UNGC). It also maps Crown's progress to indicators defined by the Sustainability Accounting Standards Board (SASB) Containers & Packaging Standard, and key United Nations Sustainable Development Goals (SDGs).

With sustainability embedded at the core of its business strategy, Crown remains focused on delivering tangible results today while advancing on its pathway toward a more resource-efficient and low-carbon future.

The full 2025 Sustainability Report is available here.

About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. Learn more at www.crowncork.com.

Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2025 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.

For more information, contact: Sandrine Duquerroy-Delesalle, Vice President, Global Sustainability and External Affairs, (+33) 671 617 883

View original content:https://www.prnewswire.com/news-releases/crown-holdings-announces-publication-of-its-2025-sustainability-report-delivering-sustainability-highlighting-key-milestones-and-progress-toward-2030-goals-302806524.html

SOURCE Crown Holdings, Inc.

June 17, 2026 19:20 ET  | Source: Crown Crafts, Inc.

GONZALES, La., June 17, 2026 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”), a producer, designer, and distributor of infant, toddler, and juvenile consumer products, today announced that it will release the results of its operations for the fourth quarter and full year fiscal 2026 before the market opens on Wednesday, June 24, 2026. Olivia W. Elliott, President and Chief Executive Officer, and Claire K. Spencer, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Time on that day to discuss the Company’s results.

Interested individuals may join the teleconference by dialing (844) 539-3703 or (412) 652-1273 and asking to join the Crown Crafts, Inc. call. The teleconference can also be accessed in listen-only mode by visiting the Company’s website at www.crowncrafts.com. The financial information to be discussed during the teleconference may be found on the investor relations portion of the Company’s website after earnings are released.

A telephone replay of the teleconference will be available one hour after the call through July 8, 2026. To access the replay, dial (844) 512-2921 in the United States or (412) 317-6671 from international locations and enter replay access code 13760859.

About Crown Crafts, Inc.
Founded in 1957, Crown Crafts, Inc. designs, markets, and distributes infant, toddler, and juvenile consumer products including infant bedding, toddler bedding, diaper bags, bibs, toys and disposable products. The Company operates through its wholly owned subsidiaries, NoJo Baby & Kids, Inc. and Sassy Baby, Inc., which market a variety of infant, toddler, and juvenile products under Company-owned trademarks (Sassy®, Manhattan Toy®, NoJo®, Baby Boom® and Neat Solutions®), as well as licensed collections and exclusive private label programs. Sales are made directly to retailers such as mass merchants, large chain stores, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, wholesale clubs, internet-based retailers and directly to consumers through the Company’s websites. For more information visit the Company’s website at www.crowncrafts.com.

Contact:
Claire Spencer
Vice President and Chief Financial Officer
[email protected]

DENVER--(BUSINESS WIRE)--Zayo (“the Company”), a leading digital infrastructure provider, today announced the successful closing of its acquisition of Crown Castle's Fiber Solutions business, significantly expanding its metro fiber footprint and enterprise reach across key U.S. markets. As demand for AI and cloud infrastructure accelerates, this transaction further scales one of the industry's most extensive fiber networks, strengthening the digital infrastructure backbone for the next wave of.

Crown Point, Indiana--(Newsfile Corp. - May 9, 2026) - Lerner & Rowe Gives Back, the nonprofit foundation of Lerner & Rowe Injury Attorneys, is proud to announce the return of its 5th Annual Cornhole Tournament on Saturday, May 9, 2026, at Bulldog Park (183 S. West St., Crown Point, IN 46307). The event runs from 1:00 p.m. to 9:00 p.m. CST, with team check-in beginning at noon. Bags fly at 1:00 p.m. sharp.

Now entering its fifth year, the tournament has grown from a local fundraiser into one of the largest cornhole tournaments in the Northwest Indiana and Chicagoland areas - and a top-10 cornhole event nationwide. The 2026 tournament is expected to draw its biggest crowd yet, with competitors coming from across Indiana, Illinois, and beyond.

"Five years ago, we hoped this tournament would make a difference. What we didn't anticipate was just how much this community would pour into it. The families, schools, and nonprofits we've been able to support because of that generosity are the heart of everything we do. We couldn't be more proud of what we've built together," shared Arianna Hensley, Outreach Director, Lerner & Rowe Injury Attorneys.

EVENT DETAILS

Date: Saturday, May 9, 2026Time: 1:00 PM - 9:00 PM CST (Team check-in at 12:00 PM)Location: Bulldog Park, 183 S. West St., Crown Point, IN 46307Format: Double-elimination tournament - bags fly at 1:00 PM, no exceptionsAdmission: Open to spectators; team registration required for competitorsWHAT'S NEW IN 2026

This year's tournament introduces several exciting additions for competitors and attendees alike:

Three competitive divisions - For the first time in tournament history, competitors will play within three separate skill-based divisions, creating a more competitive and inclusive experience for players of all levels.Booze Basket Raffle - Attendees can purchase raffle tickets for a chance to win a premium booze basket. Raffle proceeds go directly to Lerner & Rowe Gives Back's community programs.FOOD & BEVERAGE

A curated lineup of local food vendors will be on-site throughout the event, offering a variety of dining options for competitors and spectators:

Mike's Main EventGuacamole GrillBedarraBlush & Brie CharcuterieDonut NVA beer garden (21+) will also be available on-site.

MORE THAN A CORNHOLE TOURNAMENT

The 5th Annual Cornhole Tournament is the crown jewel of Lerner & Rowe Gives Back's annual fundraising calendar in Indiana and Illinois. Funds generated through team registrations, vendor fees, and sponsorships are reinvested directly into the community. The foundation's Indiana and Illinois programming has raised more than $150,000 since 2022, supporting initiatives including:

Donations of more than 2,500 backpacks filled with school supplies for disadvantaged youth in Chicago and MerrillvilleMore than 3,550 Thanksgiving meal packages distributed to vulnerable families in needCharitable support to over 20 local nonprofits, schools, and police departmentsFor more details about the 5th Annual Cornhole Tournament, to inquire about sponsorships or vendor opportunities, or to register a team, contact Outreach Director Arianna Hensley at 708-222-2222 ext. 6325 or [email protected].

ABOUT LERNER & ROWE GIVES BACK

Lerner & Rowe Gives Back is the nonprofit foundation of Lerner & Rowe Injury Attorneys, dedicated to making a meaningful difference in the lives of people in need throughout Northwest Indiana, Chicagoland, Arizona, Nevada, and New Mexico. In 2025 alone, the foundation donated over $3 million across communities in five states. Core initiatives include annual backpack and Thanksgiving meal giveaways and the annual Northwest Indiana and Chicagoland Cornhole Tournament fundraiser. Proceeds from foundation events go directly back into the communities Lerner and Rowe serves. For more information, visit lernerandrowegivesback.org.

ABOUT LERNER & ROWE INJURY ATTORNEYS

Lerner and Rowe Injury Attorneys is a powerhouse law firm representing personal injury clients. Attorneys Glen Lerner and Kevin Rowe have grown their firm into one of the largest personal injury practices in the country, with over 50 attorneys and nearly 400 support employees across Indiana, Illinois, Arizona, Nevada, California, Washington, Oregon, New Mexico, Alabama, and Tennessee. The firm's reputation for excellence is built on the respect, dignity, and exceptional client service shown to every victim and family member they represent.

For those injured outside the states listed above, Lerner and Rowe maintains an established network of attorneys across the country ready to help. For more information, call (602) 977-1900 or visit lernerandrowe.com. Follow Lerner and Rowe on Facebook, Twitter, Instagram, and TikTok, or visit lernerandrowegivesback.com to learn more about the firm's community initiatives.

# # #

Lerner & Rowe Gives Back to Host 5th Annual Cornhole Tournament on May 9 in Crown Point, Indiana

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8814/296492_lernerrowe.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296492

Source: Plentisoft

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

  TORONTO, ON, May 13, 2026 - TheNewswire – Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF, BF: QS0) (“Silver Crown”, “SCRi”, the “Corporation”, or the “Company”) is pleased to announce it released and filed its unaudited interim condensed consolidated financial statements, and management’s discussion & analysis, for the quarter ended March 31st, 2026 on SEDAR+ (www.sedarplus.ca) and the company website (SilverCrownRoyalties.com). All amounts are in Canadian dollars, unless otherwise indicated.

FIRST QUARTER FINANCIAL AND CORPORATE HIGHLIGHTS:

Record Quarterly Revenue: Generated $665,854 in royalty revenue for the three months ended March 31, 2026, representing a 119% increase compared to $304,408 in Q1 2025. 

Growth initiatives:Successfully closed two strategic private placements in early 2026, including a significant investment from prominent mining investor Michael Gentile. Mr. Gentile was concurrently appointed as Strategic Advisor to strengthen the company’s royalty sourcing capabilities and capital markets expertise. 

Improved total loss for the quarter ended March 31, 2026 was $654,071, which compares to a loss of $353,235 for the quarter ended March 31, 2025 and $2,913,156 for the quarter ended December 31, 2025. 

SUMMARY OF QUARTERLY RESULTS:

  Quarter ended March 31, 2026

Quarter ended December 31, 2025

Quarter ended March 31, 2025

Attributable Silver Deliveries (oz)

5,798(1)

6,684

6,703

% Change (Year over Year)

  -13%

-14%

Revenue

$665,854(2)

$410,438

$304,408

% Change (Year over Year)

  62%

119%

(1)No. of ounces received per royalty agreements were higher by 783 ounces, but were accounted into a different period due to timing differences

(2) The Minimum Payment due for the first quarter of fiscal 2026 on the Company’s royalty on the PGDM Complex owned by a subsidiary Pilar Gold Inc. remains overdue and outstanding

 SILVER OUNCES AND REVENUE GROWTH PROFILE:

Peter Bures, SCRi’s Chief Executive Officer, commented, “The first quarter of this year was transformative for our Company as we generated record quarterly revenues and we welcomed Michael Gentile to our Advisory team. We currently have over C$15 million in cash and silver bullion in treasury, with an additional C$20 million of in the money warrants. We expect to generate positive cash flow from operations this quarter as our royalty partners’ production profile improves and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project.”

For complete details, please refer to the Audited Consolidated Financial Statements and associated Management Discussion and Analysis for the quarter ended March 31, 2026, available on SEDAR+ at sedarplus.ca or on the Company’s website at silvercrownroyalties.com.

ABOUT SILVER CROWN ROYALTIES INC.

Founded by seasoned industry professionals, Silver Crown Royalties (Cboe: SCRI | OTCQX: SLCRF | BF: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. Silver Crown strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

T: (416) 481-1744 | [email protected]    

FORWARD-LOOKING STATEMENTS

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, “We expect to generate positive cash from operations this quarter as our royalty partners’ production profile improves and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project” and the Company anticipates significantly higher royalty payments under the PPX Royalty with the minimum payment obligations commencing on the date hereof. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRI will purchase silver and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRI’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRI to its royalty interests; problems inherent to the marketability of silver and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRI; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRI’s business, operations and financial condition, loss of key employees. SCRI has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRI undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This press release is not for publication or dissemination in the United States. Failure to comply with this restriction may constitute a violation of United States securities law.

CALGARY, Alberta, May 13, 2026 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. (TSX-V:CWV) ("Crown Point" or the "Company") is pleased to announce that it has filed a preliminary short form prospectus (the "Preliminary Prospectus") in each of the provinces of Canada, other than Québec, with respect to an offering (the "Rights Offering") of rights ("Rights") to acquire common shares of the Company ("Common Shares") to raise gross proceeds of US$30 million.

Pursuant to the Rights Offering, each registered holder of Common Shares as at the close of business on the record date (the "Record Date") to be fixed prior to filing the final short form prospectus for the Rights Offering (the "Final Prospectus") will be entitled to receive one (1) Right for each one (1) Common Share held.   Each Right will entitle an eligible holder thereof to purchase a number of Common Shares at a price per Common Share to be determined prior to filing the Final Prospectus such that the total gross proceeds of the Rights Offering will be US$30 million. The Rights Offering will include an additional subscription privilege under which holders of Rights who fully exercise their Rights will be entitled to subscribe for additional Common Shares, if available, that were not otherwise subscribed for under the Rights Offering.

Under the Rights Offering, any Rights that would otherwise be distributed by the Company to shareholders who are not resident in the provinces of Canada (other than Québec), will instead be delivered to the subscription agent appointed by the Company, who will hold such Rights as agent for the benefit of all such ineligible holders. Further information regarding the treatment of Rights issued to shareholders resident in ineligible jurisdictions is included in the Preliminary Prospectus.

In connection with the Rights Offering, the Company has entered into a standby purchase agreement (the "Standby Purchase Agreement") with its largest shareholder, Liminar Energía SA ("Liminar"). Liminar has agreed, subject to the satisfaction of certain conditions, to exercise its basic subscription privilege in full and exercise its additional subscription privilege to the extent necessary to subscribe for all Common Shares available under the Rights Offering. As a result, subject to the satisfaction of the terms and conditions of the Standby Purchase Agreement, the Rights Offering will be fully backstopped by Liminar.

The Company intends to use the gross proceeds of the Rights Offering to make an equity investment in Crown Point Energía S.A. ("CPESA"), the Company's wholly owned subsidiary, and CPESA intends to use such funds (together with cash on hand) to repay the US$30 million loan (plus accrued interest) obtained from Liminar, the proceeds of which were used to fund a portion of the purchase price payable by CPESA to complete the acquisition of a 95% operated interest in the El Tordillo, La Tapera and Puesto Quiroga hydrocarbon exploitation concessions and certain related pipeline and other infrastructure located in the Province of Chubut, Argentina.

Mr. Pablo Peralta, a director of the Company, is the President and a director of Liminar and controls 45% of the voting shares of Liminar. Mr. Andrés Peralta, the President and a director of CPESA, is a director of Liminar and indirectly controls 10% of the voting shares of Liminar. Mr. Juan Llado, a director of each of the Company and CPESA, is a director of Liminar. Liminar is a "control person" of the Company by virtue of owning approximately 63.9% of the outstanding Common Shares, and as such, Liminar is a "related party" of the Company. No fees are payable by Crown Point to Liminar pursuant to the Standby Purchase Agreement.

Following a review of the Preliminary Prospectus by the Canadian securities regulators and the TSX Venture Exchange (the "TSXV"), the Company expects to file a Final Prospectus and to deliver the Final Prospectus to its shareholders who hold Common Shares on the Record Date. The Rights Offering will be open for at least 21 days. The Rights Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSXV. Further details concerning the Rights Offering, including the details of the Standby Purchase Agreement, are contained in the Company's Preliminary Prospectus available on the Company's SEDAR+ profile at www.sedarplus.ca.  

This press release is not an offer of securities of the Company for sale in the United States. The Rights and Common Shares issuable on exercise of the Rights have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Rights and Common Shares may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States.

About Crown Point

Crown Point is an international oil and gas exploration and development company headquartered in Buenos Aires, Argentina, incorporated in Canada, trading on the TSX Venture Exchange and operating in Argentina. Crown Point's exploration and development activities are focused in four producing basins in Argentina, the Golfo San Jorge basin in the Provinces of Santa Cruz and Chubut, the Austral basin in the Province of Tierra del Fuego, and the Neuquén and Cuyo (or Cuyana) basins in the Province of Mendoza.

Forward looking information: Certain information set forth in this news release, including: matters relating to the timing and completion of the Rights Offering, the proceeds to be raised pursuant to the Rights Offering, certain anticipated terms and conditions of the Rights Offering, the filing of a Final Prospectus in connection with the Rights Offering, the fixing of a Record Date in connection with the same, and the use of proceeds from the Rights Offering, is considered forward-looking information, and necessarily involve risks and uncertainties, certain of which are beyond Crown Point’s control. Such risks include but are not limited to: the receipt of all necessary regulatory and third party approvals; the risk that the Rights Offering is not completed in the manner and timeframes contemplated herein (or at all) due to the termination of the Standby Purchase Agreement, the failure to meet the other conditions to the Rights Offering, or otherwise; and the risk that the Company may reallocate the net proceeds from the Rights Offering. Actual results, performance or achievements could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Crown Point will derive therefrom. With respect to forward-looking information contained herein, the Company has made certain assumptions, including that: the Standby Purchase Agreement will not be terminated and Liminar will comply with its obligations thereunder; the timely receipt of any required regulatory approvals, including TSXV approval; and that the Company will be able to deploy the net proceeds from the Rights Offering as anticipated. Additional information on these and other factors that could affect Crown Point are included in reports on file with Canadian securities regulatory authorities, including under the heading "Risk Factors" in the Preliminary Prospectus and in the Company's most recent annual information form, and may be accessed through the SEDAR+ website (www.sedarplus.ca). Furthermore, the forward-looking information contained in this news release are made as of the date of this document, and Crown Point does not undertake any obligation to update publicly or to revise any of the included forward looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities law. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Despite losing the lion’s share of its once-dominant 95% stake in China’s data-center GPU market due to U.S. export curbs, experts suggest the company is far from finished in the region.

DGA-Albright Stonebridge Group’s Paul Triolo noted on Friday that Nvidia’s H200 chips are seeing resilient demand for Chinese industrial AI applications, even as Beijing pours unprecedented resources into a difficult “moonshot” to build a domestic semiconductor supply chain.

With CEO Jensen Huang recently joining a high-profile U.S. delegation to advocate for continued limited trade, and analysts like Jim Cramer warning that total blocks might only accelerate China’s self-sufficiency, all eyes are on Nvidia’s ability to defend its global leadership.

Paul Triolo Sees China Still Needing NVIDIA’s Older AI ChipsTriolo told CNBC on Friday that NVIDIA’s H200 chips continue to face strong demand in China despite no longer representing the company’s newest AI hardware.

Triolo explained that the H200 chips remain well-suited for AI inference workloads and industrial AI applications, which continue expanding rapidly across China.

He noted that NVIDIA once controlled roughly 95% of China’s data-center GPU market but has since lost most of that share due to U.S. export restrictions and China’s push toward domestic alternatives.

According to Triolo, Jensen Huang joined Trump’s China delegation partly to convince both U.S. and Chinese officials that allowing limited sales of NVIDIA GPUs to China still benefits both sides.

Triolo Says China Is Advancing Domestic Chip DevelopmentTriolo described China’s effort to build an independent semiconductor supply chain as one of the most difficult industrial projects ever attempted.

He pointed to Huawei-led initiatives and government-backed programs aimed at developing advanced lithography systems and domestic semiconductor manufacturing tools.

While Triolo said China still faces major technological hurdles — including access to advanced lithography equipment, materials, and supporting infrastructure — he expects the country to make measurable progress within the next two to three years.

However, he cautioned that scaling advanced chip manufacturing across multiple factories and maintaining high-volume operations remains significantly more challenging.

Jim Cramer Argues NVIDIA Sales Help Preserve U.S. AI LeadershipCNBC’s Jim Cramer told on Thursday that the U.S. should allow NVIDIA to continue selling AI chips into China because blocking access could accelerate China’s domestic chip ambitions.

Cramer argued that forcing Chinese companies to build their own alternatives may eventually help them catch up technologically, especially given China’s large engineering workforce and energy resources.

He also highlighted NVIDIA CFO Colette Kress’ earlier comments that the company had not yet generated China revenue, despite limited U.S. approvals for some products.

At the same time, Cramer pointed to Jensen Huang’s more optimistic remarks in March, when the NVIDIA CEO said the company had received purchase orders and restarted manufacturing tied to China demand.

Despite uncertainty surrounding export controls, Cramer maintained a bullish view on NVIDIA, arguing the company remains central to the global AI boom and still trades at an attractive valuation relative to peers.

Earnings & Analyst OutlookThe countdown is on: Nvidia Corp is set to report earnings on May 20, 2026 (confirmed).

EPS Estimate: $1.76 (Up from 96 cents YoY) Revenue Estimate: $78.93 Billion (Up from $44.06 Billion YoY) Valuation: P/E of 48.1x (Indicates premium valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $284.40. Recent analyst moves include:

UBS: Buy (Raises Forecast to $275.00) (May 14) RBC Capital: Outperform (Maintains Forecast to $250.00) (May 14) Cantor Fitzgerald: Overweight (Raises Forecast to $350.00) (May 14) Technical AnalysisEven with Friday's premarket pullback, Nvidia is still trading well above its key trend gauges: about 9.9% above the 20-day SMA ($209.12) and roughly 23.7% above the 200-day SMA ($185.74).

That spacing typically signals strong trend control by buyers, but it also raises the odds of sharper shakeouts when the market tone turns defensive.

RSI is the cleanest momentum read right now, sitting at 76.93—firmly overbought—and that matters because RSI helps gauge how "stretched" a move is versus its recent pace.

RSI first pushed into overbought territory in May, and the stock has stayed elevated, which often keeps upside intact but makes near-term pullbacks more likely to be fast and headline-sensitive.

Trend structure remains constructive with the 20-day SMA above the 50-day SMA (bullish), and the longer-term golden cross (50-day SMA above the 200-day SMA) that occurred in June 2025 continues to support the bigger uptrend.

From a swing perspective, the chart is still working off a recent swing low from March and a swing high from April, with the 52-week high tagged in May near $236.54.

Key Support: $194.50 — a nearby level where buyers previously stepped in, sitting close to the broader moving-average "catch zone" (near the 50-day/100-day area) if the pullback deepens NVDA Stock Price Activity: Nvidia shares were down 2.64% at $229.51 during premarket trading on Friday, according to Benzinga Pro data.

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

May 20, 2026 16:15 ET  | Source: Crown Castle Inc.

HOUSTON, May 20, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.0625 per common share. The quarterly dividend is payable on June 30, 2026, to common stockholders of record at the close of business on June 15, 2026. Future dividends are subject to the approval of Crown Castle's Board of Directors.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service – bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. For more information on Crown Castle, please visit www.crowncastle.com.

Contacts:Sunit Patel, CFO Kris Hinson, VP & Treasurer Crown Castle Inc. 713-570-3050

Crown Castle presents an attractive long-term value opportunity amid signs of an earnings turnaround and a potential recovery in AFFO. Writing long-dated puts on CCI offers a 10.52% annualized return with a $77.75 breakeven, allowing investors to collect premium while monitoring the turnaround. Management plans to maintain the dividend at a high 94.7% AFFO payout, confident in AFFO growth and targeting a 75–80% payout ratio over the next few years.

  TORONTO, ON, June 3, 2026 - TheNewswire – Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF, BF: QS0) (“Silver Crown”, “SCRi”, the “Corporation”, or the “Company”) is excited to announce that it has entered into a definitive royalty purchase agreement (the “Agreement”) with the holders of two existing privately held 1% net smelter return royalties (each, a “Royalty” and together, the “Royalties”) on Titiminas Silver Inc.’s (TSXV: TITI)  (“Titiminas Silver”) Madre Sierra deposit (the “Project”) in Jauja, Peru (the “Transaction”)..  The Agreement provides for Silver Crown’s acquisition of the Royalties for cash consideration of US$6,000,000 payable at closing of the Transaction (“Closing”), with an additional US$1,000,000 payable in cash to the holder of each Royalty upon Silver Crown’s receipt of the first payment under such Royalty (for total cash consideration of up to US$8,000,000). Closing is expected to occur on or before June 30, 2026 and is subject to customary conditions precedent as well as the registration of the Royalties on title to the Project.

TRANSACTION AND ASSET HIGHLIGHTS:

Imminent Revenue: The Project a past producing mine with numerous surface access points and working faces targeting small scale (70-100tpd) production in Q4 2026. Titiminas Silver’s target process rates are 1,000-1,100tpd in 18-24 months. SCRi anticipates the Project to be in production by Q4 and revenue contributions of around 60,000 silver ounces annually within two years.  

Crystalize Value and Diversifying Asset Portfolio: Transaction is accretive on net asset value and per share metrics.  

Exploration and Production Upside: Titiminas Silver controls a significant land package in a past producing polymetallic camp.  

Funding: SCRi has over C$15 million in cash and silver bullion immediately available to fund the transaction.  

“This transaction marks our first acquisition of a pre-existing royalty, at 75% of silver value (at recent market prices), the Royalties fit our ‘pure silver’ approach. Having visited the site in May, we believe these royalties will have a transformative effect on SCRi with the potential to add over 60,000 ounces per annum within the next two years. Silver Crown will continue to work with Titiminas Silver to further support development at the Madre Sierra project” stated Peter Bures, Silver Crown’s CEO.

ABOUT SILVER CROWN ROYALTIES INC.

Founded by seasoned industry professionals, Silver Crown Royalties (Cboe: SCRI | OTCQX: SLCRF | BF: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. Silver Crown strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

T: (416) 481-1744 | [email protected]    

FORWARD-LOOKING STATEMENTS

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, the Agreement provides for Silver Crown’s acquisition of the Royalties for cash consideration of US$6,000,000.00 payable at closing of the Transaction (“Closing”), with an additional US$1,000,000 payable in cash to the holder of each Royalty upon Silver Crown’s receipt of the first payment under such Royalty (for total cash consideration of up to US$8,000,000.00); Closing is expected to occur on or before June 30, 2026 and is subject to customary conditions precedent as well as the registration of the Royalties on title to the Project; targeting small scale (70-100tpd) production in Q4 2026; Titiminas Silver’s target process rates are 1,000-1,100tpd in 18-24 months; SCRi anticipates the Project to be in production by Q4 and revenue contributions of around 60,000 silver ounces annually within two years; Transaction is accretive on net asset value and per share metrics; and “We believe these royalties will have a transformative effect on SCRi with the potential to add over 60,000 ounces per annum within the next two years. Silver Crown will continue to work with Titiminas Silver to further support development at the Madre Sierra project”  . Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRI will purchase silver and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRI’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRI to its royalty interests; problems inherent to the marketability of silver and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRI; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRI’s business, operations and financial condition, loss of key employees. SCRI has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRI undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

June 05, 2026 17:01 ET  | Source: Crown Point Energy Inc.

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

CALGARY, Alberta, June 05, 2026 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. (TSX-V:CWV) ("Crown Point" or the "Company") is pleased to announce that it has filed a (final) short form prospectus (the "Prospectus") in each of the provinces of Canada, other than Québec, with respect to an offering (the "Rights Offering") of rights ("Rights") to acquire common shares of the Company ("Common Shares") to raise gross proceeds of US$30 million.

Pursuant to the Rights Offering, each eligible registered holder of Common Shares as at the close of business on June 15, 2026 (the "Record Date") will receive one (1) Right for each one (1) Common Share held. Each Right will entitle an eligible holder thereof to acquire 3.29204388 Common Shares at a price of US$0.41150549 per Right (representing a subscription price of US$0.125 per Common Share). The subscription price must be paid in United States dollars. The Rights issued under the Rights Offering will be evidenced by direct registration system advices (each a "Rights DRS Advice") and will expire at 5:00 p.m. (Toronto time) on July 13, 2026 (the "Expiry Date"), after which time unexercised Rights will be void and of no value. The Rights Offering includes an additional subscription privilege under which eligible holders of Rights who fully exercise their Rights will be entitled to subscribe for additional available Common Shares. Closing of the Rights Offering is expected to occur on or about July 15, 2026.

The Prospectus and related Rights DRS Advices will be mailed to all eligible registered shareholders as of the close of business on the Record Date. Eligible registered shareholders wishing to exercise their Rights must forward a completed Rights DRS Advice, together with the applicable funds (in United States dollars), to Olympia Trust Company, the rights agent of the Company, on or before the Expiry Date. Shareholders who own their Common Shares through an intermediary, such as a bank, trust company, securities dealer or broker, will receive materials and instructions from their intermediary.

The Common Shares will trade on the TSX Venture Exchange ("TSXV") on an "ex-rights" basis commencing on June 15, 2026. The Rights will be listed for trading on the TSXV under the symbol "CWV.RT" commencing on June 15, 2026 and will be de-listed from the TSXV at noon (Toronto time) on the Expiry Date.

Under the Rights Offering, any Rights that would otherwise be distributed by the Company to shareholders who are not resident in the provinces of Canada (other than Québec), will instead be delivered to the subscription agent, Olympia Trust Company, who will hold such Rights as agent for the benefit of all such ineligible holders. Further information regarding the treatment of Rights issued to shareholders resident in ineligible jurisdictions is included in the Prospectus.

The Company intends to use the gross proceeds of the Rights Offering to make an equity investment in Crown Point Energía S.A. ("CPESA"), the Company's wholly owned subsidiary, and CPESA intends to use such funds (together with cash on hand) to repay the US$30 million loan (plus accrued interest) obtained from Liminar Energía SA ("Liminar"), the proceeds of which were used to fund a portion of the purchase price payable by CPESA to complete the acquisition of a 95% operated interest in the El Tordillo, La Tapera and Puesto Quiroga hydrocarbon exploitation concessions and certain related pipeline and other infrastructure located in the Province of Chubut, Argentina.

As previously announced, the Company has entered into a standby purchase agreement (the "Standby Purchase Agreement") with its largest shareholder, Liminar. Pursuant to the Standby Purchase Agreement, subject to the satisfaction of certain conditions, Liminar has agreed to fully exercise its basic subscription privilege and exercise its additional subscription privilege to the extent necessary to subscribe for all Common Shares available under the Rights Offering. As a result, subject to the satisfaction of the terms and conditions of the Standby Purchase Agreement, the Rights Offering will be fully backstopped by Liminar.

Mr. Pablo Peralta, a director of the Company, is the President and a director of Liminar and controls 45% of the voting shares of Liminar. Mr. Andrés Peralta, the President and a director of CPESA, is a director of Liminar and indirectly controls 10% of the voting shares of Liminar. Mr. Juan Llado, a director of each of the Company and CPESA, is a director of Liminar. Liminar is a "control person" of the Company by virtue of owning approximately 63.9% of the outstanding Common Shares, and as such, Liminar is a "related party" of the Company. No fees are payable by Crown Point to Liminar pursuant to the Standby Purchase Agreement.

The Rights Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the final acceptance of the TSXV. Further details concerning the Rights Offering, including the details of the Standby Purchase Agreement, are contained in the Prospectus available on the Company's SEDAR+ profile at www.sedarplus.ca.

This press release is not an offer of securities of the Company for sale in the United States. The Rights and Common Shares issuable on exercise of the Rights have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Rights and Common Shares may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States.

  For inquiries please contact:   Brian J. MossMarcos EstevesInterim President & CEOVice-President, Finance & CFOPh: (403) 232-1150Ph: +54 11 5032 5600Crown Point Energy Inc.Crown Point Energy [email protected]@crownpointenergy.com  Website: www.crownpointenergy.com    About Crown Point

Crown Point Energy Inc. is an international oil and gas exploration and development company headquartered in Buenos Aires, Argentina, incorporated in Canada, trading on the TSX Venture Exchange and operating in Argentina. Crown Point’s exploration and development activities are focused in four producing basins in Argentina, the Golfo San Jorge basin in the Provinces of Santa Cruz and Chubut, the Austral basin in the Province of Tierra del Fuego and the Neuquén and Cuyo (or Cuyana) basins in the Province of Mendoza.

Forward looking information: Certain information set forth in this news release, including: matters relating to the timing and completion of the Rights Offering, including certain key dates and events related thereto, the proceeds to be raised pursuant to the Rights Offering, certain anticipated terms and conditions of the Rights Offering and the use of proceeds from the Rights Offering, is considered forward-looking information, and necessarily involve risks and uncertainties, certain of which are beyond Crown Point’s control. Such risks include but are not limited to: the receipt of all necessary regulatory and third party approvals; the risk that the Rights Offering is not completed in the manner and timeframes contemplated herein (or at all) due to the termination of the Standby Purchase Agreement, the failure to meet the other conditions to the Rights Offering set forth herein, or otherwise; and the risk that the Company may reallocate the net proceeds from the Rights Offering. Actual results, performance or achievements could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Crown Point will derive therefrom. With respect to forward-looking information contained herein, the Company has made certain assumptions, including that: the Standby Purchase Agreement will not be terminated and Liminar will comply with its obligations thereunder; the timely receipt of any required regulatory approvals; and that the Company will be able to deploy the net proceeds from the Rights Offering as anticipated. Additional information on these and other factors that could affect Crown Point are included in reports on file with Canadian securities regulatory authorities, including under the heading “Risk Factors” in the Prospectus and in the Company’s most recent annual information form, and may be accessed through the SEDAR+ website (www.sedarplus.ca). Furthermore, the forward-looking information contained in this news release are made as of the date of this document, and Crown Point does not undertake any obligation to update publicly or to revise any of the included forward looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities law. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

The telecommunications infrastructure landscape is evolving as 5G expansion continues. Choosing between American Tower (AMT +0.05%) and Crown Castle (CCI +0.33%) requires weighing international growth against a dedicated focus on the domestic market.

Both companies operate as real estate investment trusts (REITs) and lease essential space for wireless communication. While American Tower manages a massive global footprint and a growing data center business, Crown Castle concentrates its assets primarily within the United States. This comparison helps you decide which strategy aligns with your portfolio goals for 2026.

The case for American TowerAmerican Tower provides essential infrastructure to the global telecommunications industry through real estate investing in towers and data centers. The company manages nearly 150,000 communications sites across more than 20 countries, leasing space to government agencies and wireless carriers. Significant customers representing over 10% of revenue include T-Mobile (18%), AT&T (17%), Verizon Wireless (14%), and Telefónica (10%). Customer concentration like this adds a layer of risk to the business, as these four tenants represent the vast majority of income.

In FY 2025, revenue reached approximately $10.6 billion, up roughly 5.1% from the previous year. The company reported a net income of nearly $2.5 billion for the period, supported by a healthy net margin of approximately 23.8%. This steady performance highlights the stability of long-term lease contracts in the wireless infrastructure sector. The expansion into data centers through its CoreSite acquisition further diversifies its revenue streams beyond traditional tower leasing.

As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 12.3x, which measures total debt relative to shareholders’ equity. The current ratio is approximately 0.6x, indicating that short-term liabilities exceed current assets. Free cash flow for the year was nearly $3.8 billion, calculated as cash from operations minus capital expenditures. This consistent cash generation allows the company to continue investing in its global infrastructure while supporting its dividend payments to shareholders.

The case for Crown CastleCrown Castle operates as a pure-play provider of communications infrastructure within the United States, managing roughly 40,000 cell towers. The company focuses on the top 100 markets, leasing space to major wireless carriers to support their domestic 5G rollouts. Revenue is heavily concentrated among its three largest tenants, T-Mobile, AT&T, and Verizon Wireless, which collectively accounted for approximately 90% of site rental revenues in 2025. This dependency makes the company vulnerable to shifts in the capital allocation strategies of these few major carriers.

For FY 2025, revenue was nearly $4.3 billion, following a period of significant strategic adjustment for the company. Despite a revenue decline of roughly 35.1% compared to the prior year, Crown Castle reported a net income of approximately $444.0 million. This result reflects a net margin of nearly 10.4%, marking a recovery from a substantial net loss in the previous fiscal year. The company remains focused on optimizing its tower and small cell portfolio to drive higher profitability from its existing domestic assets.

As of its December 2025 balance sheet, the debt-to-equity ratio was approximately -18.1x, which indicates that total liabilities exceed shareholder equity. The current ratio is nearly 0.3x, showing a tight liquidity position relative to upcoming short-term obligations. Free cash flow for FY 2025 was roughly $2.9 billion, representing the cash remaining after capital expenditures are deducted from operating cash flow. This liquidity is critical as the company navigates ongoing legal disputes, including a default notice regarding a major contract with DISH Wireless L.L.C.

Risk profile comparisonAmerican Tower faces significant risks from its high customer concentration, particularly among a few dominant wireless carriers. Competition from other tower owners and alternative technologies, such as satellite services, could put downward pressure on rental rates. Additionally, the company is exposed to international risks, including regulatory changes and currency fluctuations across its global markets. Public opposition to new site construction or upgrades also poses a threat to its expansion plans in certain regions.

Crown Castle is also vulnerable to customer concentration, as its reliance on T-Mobile US, AT&T, and Verizon Communications leaves little room for negotiation. The company bears significant construction risks, where delays or cost overruns on complex infrastructure projects can negatively impact financial results. Furthermore, technological shifts toward network virtualization or more efficient spectrum use may reduce the long-term demand for traditional tower space. Climate risks, specifically the threat of wildfires in the United States, could also lead to uninsured liabilities or service interruptions.

Valuation comparisonWhen evaluating these stocks, the forward P/E suggests a higher premium for Crown Castle, while the P/S ratio is more comparable between the two.

MetricAmerican TowerCrown CastleSector BenchmarkForward P/E29.1x44.2x33.3xP/S ratio8.4x9.5xSector benchmark uses the SPDR XLRE sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Both companies play a major role in the communications infrastructure industry. They offer different opportunities, though. Investors need to consider whether they prefer allocating their money in a relatively reliable business or are willing to accept higher risk in exchange for greater potential earnings. Still, neither is without risk. So, which is the best investment in 2026?

American Tower has been delivering impressive results as of Q1 2026. It lost many leases to Sprint following its merger with T-Mobile in 2020, but it seems to have moved past that. It also pays a steady, growing dividend. But it relies on just a few dominant wireless carriers for most of its revenue and faces competition from other tower owners and satellite services.

Crown Castle is executing a turnaround strategy after years of disappointing performance. It invested heavily in fiber networks and small cells to take advantage of 5G, but the rollout of that tech was slower than anticipated. Instead, it is focusing on cell tower ownership and using the proceeds from the sale of its fiber/small cell business to strengthen its balance sheet. It still pays an attractive dividend, though, and traditional tower ownership with long-term leases is a high-margin enterprise.

Investors who are willing to bet on Crown’s turnaround could reap significant rewards if it succeeds. But as a conservative, long-term investor, I’d stake my bet on American Tower, which appears better positioned to deliver steady growth.