Amcor AMCR reported its Q4 earnings results on Wednesday, August 17, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Amcor reported in-line EPS of $0.24 versus an estimate of $0.24.
Revenue was up $455.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 9.61% increase in the share price the next day.
Here's a look at Amcor's past performance:
Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
---|---|---|---|---|
EPS Estimate | 0.2 | 0.18 | 0.18 | 0.22 |
EPS Actual | 0.2 | 0.18 | 0.18 | 0.23 |
Revenue Estimate | 3.44B | 3.31B | 3.29B | 3.30B |
Revenue Actual | 3.71B | 3.51B | 3.42B | 3.45B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Amcor management provided guidance for FY 2023, expecting earnings between $0.8 and $0.84 per share.
To track all earnings releases for Amcor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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