Amcor (AMCR) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Amcor reported revenue of $3.24 billion for the quarter ended December 2024, reflecting a year-over-year decline of 0.3% and a surprise of -5.79% compared to the Zacks Consensus Estimate of $3.44 billion [1] - The earnings per share (EPS) for the same period was $0.16, unchanged from the previous year, indicating no EPS surprise [1] Financial Performance Metrics - Net Sales for Flexible Packaging were $2.51 billion, below the two-analyst average estimate of $2.57 billion, with a year-over-year change of +1.2% [4] - Net Sales for Rigid Packaging were $730 million, compared to the average estimate of $801.20 million, representing a year-over-year decline of -5.2% [4] - Adjusted EBIT for Rigid Packaging was $53 million, lower than the average estimate of $58.56 million [4] - Adjusted EBIT for Flexibles was $322 million, compared to the average estimate of $331.91 million [4] Stock Performance - Amcor's shares have returned +1.4% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]