Amcor plc (NYSE:AMCR) is reporting first quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.15 per share.
For the full year, analysts predict revenues of $ 12560.40 million, while looking forward to income of $ 0.69 per share.
The Company Outlook
Full Year 2021 bottomline are predicted in a range of $ 0.67 ~ $ 0.71 per share
Click Here For More Historical Outlooks Of Amcor plc
Previous Quarter Performance
Amcor plc announced income for the fourth quarter of $ 0.20 per share, from the revenue of $ 3,143.00 million. According to street consensus, AMCR was expected to report 4Q20 income of $ 0.19 per share from revenue of $ 3293.63 million. The bottom line results beat street analysts by $ 0.01 or 5.26 percent, at the same time, top line results fell short of analysts by $ 150.63 million or 4.57 percent.
Stock Performance
Shares of Amcor plc traded low $ -0.05 or -0.45 percent on Wednesday, reaching $ 11.09 with volume of 4.56 million shares. Amcor plc has traded high as $ 11.20 and has cracked $ 10.93 on the downward trend
The closing price of $ 11.09, representing a 92.07 % increase from the 52 week low of $ 5.80 and a 3.88 % decrease over the 52 week high of $ 11.59.
Recent Analyst recommendations
- On 14th October 2020, initiated by Seaport Global Securities at Neutral rating.
Recent Stock Dividend Announcement
On August 18, 2020, the board of directors authorized quarterly dividend of $ 0.115 per share to holders of record as of the close of business on September 3, 2020, with payment date of September 23, 2020 and ex-dividend date on September 2, 2020.
Conference Call
Amcor plc will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amcor.com
Amcor plc develops, manufactures, and sells various packaging products for food, beverage, pharmaceutical, medical, home and personal care, and other products worldwide. It provides flexible packaging products, specialty cartons, plastic bottles and jars, and capsules and closures. The company is based in Bristol, the United Kingdom.
