Amcor (AMCR) to Release Quarterly Earnings on Tuesday

Amcor (NYSE:AMCR) is scheduled to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Amcor has set its FY 2024 guidance at 0.670-0.710 EPS and its FY24 guidance at $0.67-0.71 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Amcor (NYSE:AMCR) last posted its earnings results on Tuesday, February 6th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. The company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.29 billion. Amcor had a return on equity of 24.28% and a net margin of 4.59%. On average, analysts expect Amcor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Amcor Trading Up 0.7 %

Amcor stock opened at $9.03 on Tuesday. Amcor has a 52-week low of $8.45 and a 52-week high of $11.11. The company has a market cap of $13.05 billion, a P/E ratio of 20.52, a P/E/G ratio of 9.86 and a beta of 0.78. The company has a quick ratio of 0.71, a current ratio of 1.25 and a debt-to-equity ratio of 1.74. The business has a 50-day simple moving average of $9.19 and a two-hundred day simple moving average of $9.27.

Amcor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Wednesday, February 28th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend was Tuesday, February 27th. Amcor’s payout ratio is 113.64%.

Amcor Company Profile

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.