Amcor (AMCR) to Release Earnings on Tuesday

Amcor (NYSE:AMCR) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Amcor to post 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.Investors that wish to register for the company’s conference call can do so using this link.

Amcor (NYSE:AMCR) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations 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 Stock Up 0.7 %

AMCR stock opened at $9.03 on Tuesday. The stock has a 50-day simple moving average of $9.19 and a two-hundred day simple moving average of $9.27. Amcor has a twelve month low of $8.45 and a twelve month high of $11.11. The firm has a market capitalization of $13.05 billion, a PE ratio of 20.52, a PEG 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.

Amcor Dividend Announcement

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

About Amcor

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.