Ball Corp. (BALL) stock plummeted 5.89% in pre-market trading on Tuesday, following the release of its fourth-quarter 2024 earnings report. The aluminum packaging company reported a net loss for the quarter and provided a weaker-than-expected revenue forecast for 2025.

The company posted a net loss of $32 million, or $0.11 per diluted share, for the fourth quarter of 2024, compared to a profit of $154 million, or $0.49 per diluted share, in the same quarter a year ago. Excluding one-time items, Ball Corp. reported adjusted earnings of $0.84 per share, beating analysts' estimates of $0.80 per share.

However, Ball Corp.'s revenue fell to $2.88 billion in the fourth quarter, down from $2.9 billion in the same period a year earlier, missing analysts' expectations of $2.91 billion. The company attributed the decline to lower volume and lower price/mix, partially driven by the contractual pass-through of lower aluminum costs for the year.

Looking ahead, Ball Corp. said it expects to deliver over 10% comparable earnings per share growth in 2025. However, the company did not provide specific revenue guidance, raising concerns among investors about the potential impact of weaker demand and pricing pressures on its top line.