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    AMC   AU000000AMC4

AMCOR PLC

(AMC)
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Amcor: Fiscal 2Q Earnings Snapshot

02/02/2021 | 05:10pm EDT

WARMLEY BRISTOL, Britain (AP) _ Amcor plc (AMCR) on Tuesday reported fiscal second-quarter net income of $219 million.

The Warmley Bristol, Britain-based company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring costs, came to 18 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The packaging company posted revenue of $3.1 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $3.08 billion.

Amcor shares have dropped 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.93, an increase of slightly more than 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMCR at https://www.zacks.com/ap/AMCR

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about AMCOR PLC
10/21SHOWCASING SUSTAINABILITY PROGRESS A : Education for greater participation
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10/19AMCOR : launched enhanced-stock product program for North America healthcare market
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10/14AMCOR : Family-owned brand, Chiola, launches meat products in packaging with 80% less plas..
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10/13SHOWCASING SUSTAINABILITY PROGRESS A : Collaboration for waste management with David Clark
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10/11AMCOR : We're looking for brands to help test packaging recycling revolution with HolyGrai..
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10/06INFOGRAPHIC : The biggest ecommerce trends to watch in 2021 and beyond
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10/06SHOWCASING SUSTAINABILITY PROGRESS A : Innovative packaging with David Clark
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10/05AMCOR : first to offer cooking oil bottles made entirely from recycled content in Colombia
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10/05EBOOK : How brands can delight European dairy snackers
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09/30AMCOR : Showcasing our sustainability progress at Amcor – David Clark, Vice Presiden..
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Analyst Recommendations on AMCOR PLC
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Financials (USD)
Sales 2022 13 291 M - -
Net income 2022 1 078 M - -
Net Debt 2022 5 397 M - -
P/E ratio 2022 16,9x
Yield 2022 4,08%
Capitalization 18 353 M 18 372 M -
EV / Sales 2022 1,79x
EV / Sales 2023 1,75x
Nbr of Employees 46 000
Free-Float -
Chart AMCOR PLC
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Technical analysis trends AMCOR PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 12,04 $
Average target price 12,94 $
Spread / Average Target 7,47%
EPS Revisions
Managers and Directors
Ronald Stephen Delia Chief Executive Officer, Director & MD
Michael John Casamento Chief Financial Officer & Executive VP-Finance
Graeme Richard Liebelt Chairman
Armin Meyer Deputy Chairman
Karen Jane Guerra Independent Non-Executive Director