Amcor(AMCR)
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Amcor(AMCR) - 2024 Q3 - Quarterly Report
2024-05-01 10:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-38932 AMCOR PLC (Exact name of Registrant as specified in its charter) Jersey 98-1455367 (State or other jurisdiction ...
Amcor(AMCR) - 2024 Q3 - Earnings Call Transcript
2024-05-01 02:10
Amcor plc (NYSE:AMCR) Q3 2024 Earnings Conference Call April 30, 2024 5:30 PM ET Company Participants Tracey Whitehead - Head, Investor Relations Peter Konieczny - Interim Chief Executive Officer Michael Casamento - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Daniel Kang - CLSA Adam Samuelson - Goldman Sachs John Purtell - Macquarie Richard Johnson - Jefferies James Wilson - Jarden Australia George Staphos - Bank of America Brook Campbell - Barrenjoey Keith Chau - MST Camer ...
Amcor(AMCR) - 2024 Q3 - Quarterly Results
2024-04-30 20:12
Exhibit 99.1 ELEASE Amcor reports third quarter result and raises fiscal 2024 Adjusted EPS guidance March 2024 quarter: GAAP diluted EPS of 12.9 cps; GAAP net income of $187 million Adjusted EBIT of $397 million up 3% on a comparable constant currency basis Adjusted EPS of 17.8 cps, up 1% on a comparable constant currency basis YTD Highlights - Nine Months Ended March 31, 2024 • Net sales of $10,105 million; • GAAP Net income of $473 million; GAAP diluted earnings per share (EPS) of 32.7 cps; • Adjusted EPS ...
Will Amcor (AMCR) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-29 17:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Amcor (AMCR) , which belongs to the Zacks Containers - Paper and Packaging industry, could be a great candidate to consider.This packaging company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 10.48%.For the most recent quarter, Amcor was exp ...
Is a Surprise Coming for Amcor (AMCR) This Earnings Season?
Zacks Investment Research· 2024-04-29 13:41
Investors are always looking for stocks that are poised to beat at earnings season and Amcor plc (AMCR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Amcor is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of ...
Will Declining Volumes Impact Amcor's (AMCR) Q3 Earnings?
Zacks Investment Research· 2024-04-24 19:15
Amcor Plc (AMCR) is scheduled to report third-quarter fiscal 2024 results on Apr 30, after the closing bell. Q3 Estimates The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $3.53 billion, indicating a decline of 3.9% from the year-ago quarter's reported figure. The consensus mark for quarterly earnings is currently17 cents per share, which suggests a 6% dip from the year-ago quarter's actual. The estimate has remained unchanged over the past 30 days. Q2 Results Amcor witnessed a yea ...
Amcor to report Third Quarter 2024 Year to Date Results
Prnewswire· 2024-04-17 00:04
Company Overview - Amcor plc is a global leader in developing and producing responsible packaging solutions across various sectors including food, beverage, pharmaceuticals, and personal care [3]. - The company operates in 218 locations across 41 countries, employing around 41,000 people [3]. Financial Results Announcement - Amcor will announce its year-to-date results for the nine months ended March 31, 2024, after the US market closes on April 30, 2024 [1]. - A conference call and webcast to discuss these results will take place at 5:30 PM US Eastern Daylight Time on April 30, 2024 [1]. Conference Call Details - Dial-in numbers for the conference call include: - US and Canada: 800 715 9871 (toll-free) - US: 646 307 1963 (local) - Australia: 1800 519 630 (toll-free) and 02 9133 7103 (local) - United Kingdom: 0800 358 0970 (toll-free) and 020 3433 3846 (local) - Hong Kong: +852 3002 3410 (local) - Singapore: +65 3159 5133 (local) [2]. Webcast Access - Access to the webcast and supporting materials will be available via the Investors section of Amcor's website [2]. - A replay of the webcast will be available after the conclusion of the call [2].
5 Very Overlooked Dividend Aristocrats To Jump On Now
24/7 Wall Street· 2024-03-23 12:40
5 Very Overlooked Dividend Aristocrats To Jump On Now jittawit21 / Shutterstock.com Often, when income investors look for defensive companies paying big dividends, they are drawn to the Dividend Aristocrats, and with good reason. The 67 companies that made the cut for the 2024 S&P 500 Dividend Aristocrats list have increased dividends (not just remained the same) for 25 years straight. But the requirements go even further, with the following attributes also mandatory for membership on the dividend aristoc ...
Amcor (AMCR) Reaffirms FY24 Guidance Amid CEO Transition
Zacks Investment Research· 2024-03-20 17:06
Company Guidance and Financial Projections - Amcor Plc reaffirmed its guidance for fiscal 2024, expecting adjusted EPS to be between 67-71 cents, indicating a year-over-year decline of 3% at the midpoint [1] - The company projects adjusted free cash flow of $850-$950 million for fiscal 2024, showing growth from the $848 million reported in fiscal 2023 [1] - Share repurchases are expected to improve earnings by around 2%, while currency translation is projected to have a positive impact of 2 [1] CEO Transition - CEO Ron Delia plans to retire after nine years, effective April 15, 2024, with Peter Konieczny appointed as interim CEO [2] - Delia will provide advisory support until September 30, 2024, while the board conducts a search for a permanent replacement [2] Recent Financial Performance - In the second quarter of fiscal 2024, Amcor reported adjusted EPS of 16 cents, surpassing the Zacks Consensus Estimate of 15 cents, but fell 15% from the previous year due to customer destocking [3] - Total revenues decreased by 11% year-over-year to $3.25 billion, missing the Zacks Consensus Estimate of $3.29 billion [3] Stock Performance - Over the past year, AMCR shares have declined by 9.4%, while the industry has grown by 11.2% [4]
Amcor announces CEO transition and reaffirms fiscal 2024 outlook
Prnewswire· 2024-03-19 20:15
ZURICH, March 19, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024. Ron Delia, Amcor Chief Executive Officer Peter Konieczny, Amcor Chief Commercial Officer The Board has appointed Peter Konie ...