Amcor (AMCR) to Release Quarterly Earnings on Tuesday

Amcor (NYSE:AMCR - Get Free Report) is expected to release its Q3 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $3.51 billion for the quarter. Amcor has set its FY 2025 guidance at 0.720-0.760 EPS and its FY25 guidance at $0.72-0.76 EPS.

Amcor (NYSE:AMCR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The firm had revenue of $3.24 billion for the quarter, compared to analysts' expectations of $3.33 billion. Amcor had a return on equity of 26.14% and a net margin of 5.89%. Amcor's revenue was down .3% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. On average, analysts expect Amcor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Amcor Trading Down 1.2 %

AMCR traded down $0.12 during trading on Friday, reaching $9.54. The company had a trading volume of 25,821,230 shares, compared to its average volume of 15,617,730. The firm's 50-day simple moving average is $9.67 and its 200 day simple moving average is $9.96. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.96 and a beta of 0.78. Amcor has a 12-month low of $8.37 and a 12-month high of $11.48. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.71 and a current ratio of 1.26.

Amcor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Wednesday, February 26th were paid a $0.1275 dividend. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $0.51 dividend on an annualized basis and a yield of 5.35%. Amcor's dividend payout ratio is currently 92.73%.

Insider Activity

In related news, Director Achal Agarwal bought 10,000 shares of Amcor stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of $10.10 per share, for a total transaction of $101,000.00. Following the acquisition, the director now owns 88,967 shares in the company, valued at $898,566.70. This trade represents a 12.66 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Jefferies Financial Group raised Amcor from a "hold" rating to a "buy" rating in a research note on Monday, February 3rd. Raymond James assumed coverage on Amcor in a research note on Tuesday, April 22nd. They set a "market perform" rating on the stock. Citigroup raised Amcor from a "neutral" rating to a "buy" rating and lifted their target price for the company from $11.00 to $12.00 in a research note on Monday, January 6th. Finally, Truist Financial lowered their target price on Amcor from $12.00 to $11.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $11.31.

About Amcor

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.