NEW YORK (TheStreet) -- Ball Corp. (BLL) - Get Report  is expected to post second quarter results before Thursday's opening bell. 

Analysts are expecting the Broomfield, CO-based metal packaging supplier to post earnings of 99 cents per share on revenue of $2.17 billion.

Ball reported earnings of 89 cents per share on revenue of $2.17 billion for the second quarter in 2015.

Last month, Ball completed its purchase of Rexam PLC, a global can manufacturing company, for $6.1 billion cash and equity. 

Shares of Ball were down in late afternoon trading on Wednesday. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate BALL CORP as a Hold with a ratings score of C. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and weak operating cash flow.

You can view the full analysis from the report here: BLL

BLL data by YCharts

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