FY2026 Earnings Forecast for Amcor Issued By Zacks Research

Key Points

• Zacks Research forecasts Amcor’s FY2026 EPS at $1.84, matching the consensus estimate, while projecting higher earnings in later periods, including $1.08 for Q1 2028 and $1.27 for Q2 2028.
• Amcor exceeded quarterly expectations with $1.23 EPS versus $1.19 estimated and revenue of $6.40 billion, up 25.9% year over year. The company’s consensus analyst rating is “Moderate Buy,” with an average price target of $49.49.
• Amcor declared a quarterly dividend of $0.65 per share, equivalent to $2.60 annually and a 5.6% yield; however, its payout ratio is high at 110.17%.

Amcor PLC (NYSE:AMCR - Free Report) - Research analysts at Zacks Research issued their FY2026 earnings per share estimates for shares of Amcor in a report released on Wednesday, August 26th. Zacks Research analyst Team anticipates that the company will post earnings per share of $1.84 for the year. The consensus estimate for Amcor's current full-year earnings is $1.84 per share. Zacks Research also issued estimates for Amcor's Q1 2027 earnings at $1.03 EPS, Q1 2028 earnings at $1.08 EPS and Q2 2028 earnings at $1.27 EPS.

Amcor (NYSE:AMCR - Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.19 by $0.04. Amcor had a return on equity of 15.92% and a net margin of 4.71%.The company had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the previous year, the company posted $0.20 earnings per share. Amcor's revenue was up 25.9% compared to the same quarter last year.

A number of other research firms also recently issued reports on AMCR. Weiss Ratings reissued a "hold (c)" rating on shares of Amcor in a report on Friday, August 7th. Wells Fargo & Company increased their price target on shares of Amcor from $43.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, August 14th. Jefferies Financial Group set a $44.92 price target on shares of Amcor and gave the stock a "hold" rating in a research note on Tuesday, July 21st. Citigroup reissued a "buy" rating and set a $52.00 price objective (up from $47.00) on shares of Amcor in a research report on Friday, August 14th. Finally, UBS Group assumed coverage on Amcor in a research note on Tuesday, August 11th. They issued a "buy" rating and a $56.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $49.49.

Amcor Price Performance

NYSE AMCR opened at $46.57 on Friday. Amcor has a 52 week low of $36.25 and a 52 week high of $50.94. The firm has a market capitalization of $21.53 billion, a P/E ratio of 19.73, a PEG ratio of 2.58 and a beta of 0.62. The company has a quick ratio of 0.76, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. The company has a 50-day moving average price of $44.86 and a 200-day moving average price of $42.71.

Institutional Investors Weigh In On Amcor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brown Financial Advisors boosted its position in shares of Amcor by 3.9% in the second quarter. Brown Financial Advisors now owns 6,287 shares of the company's stock worth $273,000 after purchasing an additional 237 shares during the period. California State Teachers Retirement System bought a new stake in shares of Amcor during the 2nd quarter valued at $1,590,375,000. Alan B Lancz & Associates Inc. raised its position in shares of Amcor by 26.7% during the 2nd quarter. Alan B Lancz & Associates Inc. now owns 11,853 shares of the company's stock valued at $514,000 after purchasing an additional 2,500 shares during the period. Guardian Wealth Management Inc. lifted its stake in shares of Amcor by 3.8% during the 2nd quarter. Guardian Wealth Management Inc. now owns 51,859 shares of the company's stock valued at $2,248,000 after buying an additional 1,876 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in shares of Amcor by 4.4% during the 2nd quarter. HB Wealth Management LLC now owns 28,223 shares of the company's stock valued at $1,223,000 after buying an additional 1,191 shares in the last quarter. Institutional investors own 45.14% of the company's stock.

Amcor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 4th will be paid a dividend of $0.65 per share. The ex-dividend date is Friday, September 4th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.6%. Amcor's payout ratio is 110.17%.

Key Headlines Impacting Amcor

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Zacks raised its Q2 2027 EPS forecast to $1.20 from $1.19 and its Q2 2028 forecast to $1.27 from $1.20. The firm also projects full-year EPS of $4.25 in FY2027 and $4.45 in FY2028, indicating expectations for significant longer-term earnings growth.
• Neutral Sentiment: Zacks initiated or reaffirmed its FY2026 EPS estimate at $1.84, matching the current consensus forecast. The analyst did not provide a broad change to Amcor’s full-year consensus outlook.
• Negative Sentiment: Zacks reduced several quarterly forecasts: Q3 2026 EPS to $0.96 from $1.02, Q4 2026 to $0.88 from $0.92, Q1 2027 to $1.03 from $1.10, Q3 2027 to $1.05 from $1.11, Q4 2027 to $0.97 from $1.02, and Q1 2028 to $1.08 from $1.15. The concentration of cuts in nearer-term periods could pressure the shares despite the stronger later-period estimates.

About Amcor

Amcor NYSE: AMCR is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company's product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor's packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.

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