Amcor (NYSE: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:
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.
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