Amcor PLC AMCR.N reported quarterly adjusted earnings of 16 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 15 cents to 16 cents per share.
Revenue fell 0.3% to $3.24 billion from a year ago; analysts expected $3.35 billion.
Amcor PLC's reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $163 million.
Amcor PLC shares had risen by 1.6% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"
Wall Street's median 12-month price target for Amcor PLC is $11.28
This summary was machine generated from LSEG data February 4 at 02:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.16 | 0.16 | Met |
Sep. 30 2024 | 0.16 | 0.16 | Met |
Jun. 30 2024 | 0.20 | 0.21 | Beat |
Mar. 31 2024 | 0.16 | 0.18 | Beat |
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