Amcor (NYSE:AMCR – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21, Briefing.com reports. Amcor had a return on equity of 24.66% and a net margin of 4.75%. The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the firm posted $0.19 EPS. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. Amcor updated its FY25 guidance to $0.72-0.76 EPS and its FY 2025 guidance to 0.720-0.760 EPS.
Amcor Trading Down 3.7 %
Shares of AMCR stock opened at $10.45 on Friday. Amcor has a fifty-two week low of $8.45 and a fifty-two week high of $10.91. The stock’s fifty day moving average price is $10.10 and its two-hundred day moving average price is $9.68. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.75 and a current ratio of 1.29. The company has a market cap of $15.10 billion, a PE ratio of 23.22, a P/E/G ratio of 4.64 and a beta of 0.86.
Amcor Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, September 6th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, September 6th. This represents a $0.50 annualized dividend and a yield of 4.78%. Amcor’s dividend payout ratio is currently 111.11%.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on Amcor
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.
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