Amcor: Q4 Earnings Insights

Amcor AMCR reported its Q4 earnings results on Wednesday, August 17, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Amcor reported in-line EPS of $0.24 versus an estimate of $0.24.

Revenue was up $455.00 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 9.61% increase in the share price the next day.

Here's a look at Amcor's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	0.2	0.18	0.18	0.22
EPS Actual	0.2	0.18	0.18	0.23
Revenue Estimate	3.44B	3.31B	3.29B	3.30B
Revenue Actual	3.71B	3.51B	3.42B	3.45B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Amcor management provided guidance for FY 2023, expecting earnings between $0.8 and $0.84 per share.

To track all earnings releases for Amcor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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