How did CCK's Q4 earnings surprise impact its annual performance?

Crown Holdings (CCK) experienced a net income surprise of $0.08 in Q4 2024, with the company's net income reaching $560 million for the quarter. This positive surprise contributed to a strong annual performance, as evidenced by the company's cumulative net income over the past three years.

|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|CCK|CCK.N|Crown Holdings|2022 Q1|2.46E8|169|
|CCK|CCK.N|Crown Holdings|2022 Q2|3.29E8|169|
|CCK|CCK.N|Crown Holdings|2022 Q3|1.58E8|169|
|CCK|CCK.N|Crown Holdings|2022 Q4|1.22E8|169|
|CCK|CCK.N|Crown Holdings|2023 Q1|1.22E8|169|
|CCK|CCK.N|Crown Holdings|2023 Q2|1.87E8|169|
|CCK|CCK.N|Crown Holdings|2023 Q3|2.0E8|169|
|CCK|CCK.N|Crown Holdings|2023 Q4|7.8E7|169|
|CCK|CCK.N|Crown Holdings|2024 Q1|9.3E7|169|
|CCK|CCK.N|Crown Holdings|2024 Q2|2.07E8|169|

The net income of $587 million in Q4 2023 and $855 million in Q4 2022 indicate a consistent upward trend in the company's financial performance. The Q4 earnings surprise likely had a significant impact on the annual net income figures, as it represents a positive deviation from the expected earnings. This, in turn, contributed to the overall growth in net income over the past three years.