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Amcor (AMCR) Q2 Earnings Match Estimates
AMCRAmcor(AMCR) ZACKS·2025-02-04 13:15

Core Viewpoint - Amcor reported quarterly earnings of 0.16pershare,matchingtheZacksConsensusEstimate,withrevenuesof0.16 per share, matching the Zacks Consensus Estimate, with revenues of 3.24 billion, which fell short of expectations by 5.79% [1][2] Financial Performance - Earnings per share (EPS) for the quarter were 0.16,consistentwiththepreviousyear[1]−Revenuesdecreasedslightlyfrom0.16, consistent with the previous year [1] - Revenues decreased slightly from 3.25 billion a year ago to 3.24billion[2]−Overthelastfourquarters,AmcorhasonlysurpassedconsensusEPSestimatesonce[1]MarketPerformance−Amcorshareshaveincreasedbyapproximately1.63.24 billion [2] - Over the last four quarters, Amcor has only surpassed consensus EPS estimates once [1] Market Performance - Amcor shares have increased by approximately 1.6% since the beginning of the year, compared to a 1.9% gain for the S&P 500 [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is 0.20, with projected revenues of 3.61billion,andforthecurrentfiscalyear,theEPSestimateis3.61 billion, and for the current fiscal year, the EPS estimate is 0.74 on revenues of $14.08 billion [7] - The Containers - Paper and Packaging industry is ranked in the bottom 39% of Zacks industries, which may negatively impact Amcor's stock performance [8]