31.10.2023 21:18:43 - dpa-AFX: Amcor plc Q1 Profit Decreases, but beats estimates

BRUSSELS (dpa-AFX) - Amcor plc (AMCR) announced earnings for first quarter
that decreased from last year but beat the Street estimates.

The company's bottom line came in at $152 million, or $0.105 per share. This
compares with $232 million, or $0.155 per share, in last year's first quarter.

Excluding items, Amcor plc reported adjusted earnings of $226 million or $0.156
per share for the period.

Analysts on average had expected the company to earn $0.15 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 7.3% to $3.44 million from $3.71
million last year.

Amcor plc earnings at a glance (GAAP) :

-Earnings (Q1): $152 Mln. vs. $232 Mln. last year.
-EPS (Q1): $0.105 vs. $0.155 last year.
-Analyst Estimates: $0.15
-Revenue (Q1): $3.44 Mln vs. $3.71 Mln last year.

-Guidance:
Full year EPS guidance: $0.67 - $0.71


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AMCOR PLC DL -,01 A2PKFL Frankfurt 9,124 14.06.24 15:29:01 +0,116 +1,29% 0,000 0,000 9,075 9,124

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