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Amcor to Sell Interest in BCNA Joint Venture for $122 Million
Prnewswire· 2024-10-31 20:05
Sale not expected to impact FY25 financial outlookProceeds to be used to reduce debtZURICH, Oct. 31, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it has entered into an agreement to sell its 50% interest in Bericap North America (BCNA) for $122 million. Established in 1997, BCNA is a 50/50 joint venture between Amcor Rigid Packaging and Germany-based Bericap that manufactures closures for beverage, food and in ...
Amcor Gears Up to Report Q1 Earnings: What Should You Expect?
ZACKS· 2024-10-30 17:21
Amcor Plc (AMCR) is scheduled to report first-quarter fiscal 2025 results on Oct. 31, after the closing bell. The Zacks Consensus Estimate for AMCR's first-quarter revenues is pegged at $3.57 billion, indicating 3.7% growth from the year-ago reported figure. The consensus estimate for earnings is pegged at 16 cents per share. The Zacks Consensus Estimate for AMCR's first-quarter earnings has moved down 6% in the past 60 days. The estimate indicates a flat year-over- year bottom line. | --- | --- | --- | --- ...
Amcor released 2024 Sustainability Report highlighting key achievements and progress
Prnewswire· 2024-10-18 07:11
ZURICH, Oct. 18, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, released today its 2024 Sustainability Report. The report shows significant achievements and continued progress in the company's sustainability aspirations.Join Peter Konieczny, CEO of Amcor, as he shares highlights from the Sustainability Report 2024, showcasing the company’s key achievements and ongoing progress.Amcor Sustainability Report 2024In addition to havi ...
Amcor to report First Quarter 2025 results
Prnewswire· 2024-10-17 22:00
ZURICH, Oct. 17, 2024 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) will announce its First Quarter 2025 results for the three months ended 30 September 2024 after the US market closes on Thursday 31 October 2024.  A conference call and webcast to discuss the results will be held at 5.30pm US Eastern Daylight Time on Thursday 31 October 2024 / 8.30am Australian Eastern Daylight Time on Friday 1 November 2024. For those wishing to participate in the call please use the following dial-in numbers:USA: 800 7 ...
All You Need to Know About Amcor (AMCR) Rating Upgrade to Buy
ZACKS· 2024-10-14 17:01
Amcor (AMCR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnings pict ...
AMCR vs. PKG: Which Stock Is the Better Value Option?
ZACKS· 2024-10-14 16:41
Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Amcor (AMCR) and Packaging Corp. (PKG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a p ...
Are Industrial Products Stocks Lagging Amcor (AMCR) This Year?
ZACKS· 2024-10-14 14:40
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Amcor (AMCR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Amcor is one of 212 individual stocks in the Industrial Products sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the ind ...
Here's Why Amcor (AMCR) is a Strong Value Stock
ZACKS· 2024-10-09 14:45
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...
Here's Why Amcor (AMCR) is a Strong Momentum Stock
ZACKS· 2024-09-27 14:57
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...
Amcor's long-term SBTi targets confirmed
Prnewswire· 2024-09-26 15:15
ZURICH, Sept. 26, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today that its long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi).Amcor's long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi).Amcor's long-term goal is to achieve net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes sig ...