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 ...

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 ...

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 ...

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 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 ...

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]

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 ...

Core Insights - The article highlights the resilience and growth potential of Dividend Aristocrats, companies that have consistently raised dividends for at least 25 years, providing stability and optimism for investors [1][2] Company Summaries Walgreens Boots Alliance (WBA) - Walgreens Boots Alliance offers a forward dividend yield of 4.7% and has seen a year-over-year profit improvement in its U.S. healthcare segment, with adjusted EBITDA increasing by $84 million in Q1 fiscal 2024 compared to Q1 2023 [3][4] - VillageMD achieved a 14% growth in sales, contributing to the healthcare segment's profitability, while Shields' sales increased by 27% due to new health system contracts [3][4] 3M (MMM) - 3M has a forward dividend yield of 6.1% and implemented restructuring actions in 2023 that resulted in over $400 million in savings, leading to margin expansion and improved operational efficiency [6][7] - The company reported an operating cash flow of $2.0 billion in Q4 2023, a 3% increase year-over-year, and reduced net debt by $2 billion, or 17% year-over-year [6][7] Realty Income (O) - Realty Income has a forward dividend yield of 5.8% and maintains a high portfolio occupancy rate of 98.6% at the end of 2023, indicating strong tenant demand [8][9] - Same-store rent grew by 2.6% in Q4 2023, demonstrating healthy property performance and effective lease management [8][9] Amcor (AMCR) - Amcor holds a forward dividend yield of 5.3% and reported a GAAP diluted EPS of 9.2 cents and adjusted EPS of 15.7 cents for the quarter ending December 20, 2023 [10][11] - The company continues to maintain a strong market presence across multiple continents, with growth in specific categories despite overall volume declines [10][11] Chevron (CVX) - Chevron's forward dividend yield is 4.3%, with a stable balance sheet and a net debt ratio of 7.3% [12][13] - The company plans to increase its quarterly dividend by 8% to $1.63 per share in 2023, reflecting confidence in cash flow generation [12][13] Franklin Resources (BEN) - Franklin Resources has a forward dividend yield of 4.5% and raised nearly $5 billion in private markets in Q1 2024, indicating strong client interest in private market strategies [14][15] - The company's wealth management channel contributed significantly to fundraising success, accounting for almost 20% of capital collected for its funds [14][15] T. Rowe Price (TROW) - T. Rowe Price offers a forward dividend yield of 4.2% and is focusing on increasing market share outside the U.S., particularly in Asia Pacific and EMEA [16][17] - The company has demonstrated robust investment success, with 64% of its funds outperforming their peer group medians in 2023 [16][17]

Core Insights - Dividends have historically contributed approximately 32% of the total return for the S&P 500 since 1926, with capital appreciation accounting for 68% [1] - A study indicates that dividend stocks delivered an annualized return of 9.18% from 1973 to 2022, significantly outperforming non-dividend payers, which returned 3.95% [1] - The 2024 S&P 500 Dividend Aristocrats list includes 68 companies that have increased dividends for 25 consecutive years, with specific criteria for membership [1] Group 1: Dividend Aristocrats - The Dividend Aristocrats must have a market capitalization of at least $3 billion and an average daily trading volume of at least $5 million [1] - The list is aimed at passive income investors seeking stable dividend income from defensive companies [1] Group 2: Featured Companies - Realty Income Corporation (NYSE: O) is a REIT providing monthly dividends supported by cash flow from over 13,250 properties, with a history of 640 consecutive monthly dividends and 122 increases since 1994 [9] - Amcor (NYSE: AMCR) operates in packaging across various regions, offering flexible and rigid packaging solutions for food, beverage, and personal care industries [11] - Franklin Resources markets mutual funds and institutional accounts, with a significant portion of sales coming from outside the US, benefiting from a maturing domestic market [13] - Federal Realty Investment Trust (FRT) focuses on high-quality retail properties in affluent areas, boasting a 56-year record of increasing quarterly dividends, the longest in the REIT sector [15]

 5 Dividend Aristocrats Are Our Top Passive Income Picks For March ShutterstockProfessional / Shutterstock.com Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations. While many investors had hoped for a cut in the Fed-Funds rate in March, the booming stock market, strong employment numbers, and a rise ...