July 28, 2011 / 10:29 AM / 6 years ago

UPDATE 1-Ball Corp Q2 misses Wall Street view

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July 28 (Reuters) - U.S. packaging products maker Ball Corp posted second-quarter results that missed market expectations, hurt by weaker can demand in North and South America.

Ball’s net income rose to $143.1 million, or 84 cents a share, from $69 million, or 37 cents a share, a year ago.

Excluding items, the company earned 85 cents a share.

Net sales rose 15 percent to $2.31 billion.

Analysts, on average, expected earnings of 86 cents a share on revenue of $2.42 billion, according to Thomson Reuters I/B/E/S.

Shares of the company closed at $39.28 on Wednesday on the New York Stock Exchange. (Reporting by Megha Mandavia in Bangalore; Editing by Joyjeet Das)

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