Amcor (NYSE:AMCR) Posts Earnings Results, Beats Estimates By $0.04 EPS

Amcor (NYSE:AMCR) released its quarterly earnings results on Wednesday. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.04, FiscalAI reports. Amcor had a return on equity of 14.55% and a net margin of 3.06%.The company had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period in the previous year, the firm posted $0.20 earnings per share. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year.

Here are the key takeaways from Amcor’s conference call:

• Q4 adjusted EPS rose 23% year over year to $1.23, bringing full-year fiscal 2026 adjusted EPS to $4.02, up 13%. Results benefited from modestly positive volume growth, pricing that offset inflation, cost management, and Berry-related synergies.
• Berry integration synergies exceeded expectations, reaching $285 million for fiscal 2026 after $115 million in the fourth quarter, about 10% ahead of the initial first-year target. Amcor reaffirmed its $650 million three-year synergy goal and reported $140 million of annualized revenue-synergy wins.
• Management expects adjusted EPS of $1.80-$1.90 for the six-month transition period and has line of sight to double-digit adjusted EPS growth in calendar 2027. The company cited improving volumes, portfolio optimization, further synergy capture, and growth in categories such as food service, pet care, and protein.
• Full-year free cash flow was $1.3 billion, $200 million below guidance, after $290 million of Berry restructuring and integration cash costs and higher working capital tied to the Middle East conflict. Amcor expects to recover more than $500 million of working capital over the next 12 months, but quarter-end leverage remained elevated at 3.5 times.

Amcor Trading Down 0.1%

Amcor stock traded down $0.04 during trading on Thursday, reaching $46.52. The company had a trading volume of 2,338,389 shares, compared to its average volume of 4,927,798. Amcor has a 12-month low of $36.25 and a 12-month high of $50.94. The stock’s 50 day moving average price is $43.24 and its two-hundred day moving average price is $42.58. The firm has a market capitalization of $21.51 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 1.49 and a beta of 0.62. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.95 and a current ratio of 1.44.

Amcor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 4th will be given a $0.65 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.60 annualized dividend and a dividend yield of 5.6%. Amcor’s dividend payout ratio (DPR) is currently 181.82%.

Amcor News Roundup

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Quarterly results exceeded expectations. Amcor reported adjusted EPS of $1.23 versus the $1.19 consensus estimate and revenue of $6.4 billion, above the $6.05 billion forecast. Revenue rose 26% year over year, while adjusted EBITDA increased 32% to $1.045 billion. Amcor Reports Strong Fourth Quarter and Full-Year Results
• Positive Sentiment: Berry acquisition synergies are beginning to support earnings. Management cited the Berry Global combination, productivity improvements, volume growth and raw-material cost pass-through as key drivers. Amcor is targeting $650 million of synergies over three years, reinforcing the potential for margin expansion. Amcor outlines transition-period EPS range and synergy target
• Positive Sentiment: The dividend adds support for income-focused investors. Amcor declared a quarterly dividend of $0.65 per share, or $2.60 annualized, representing an approximately 5.6% yield. The dividend is payable September 24 to shareholders of record as of September 4. Amcor declares $0.65 dividend
• Neutral Sentiment: Analyst attention is increasing. UBS began coverage of Amcor, while commentary has highlighted the company’s defensive packaging exposure and relatively attractive dividend as technology-focused stocks become more volatile. The impact will depend on UBS’s rating and price target. UBS Group Begins Coverage on Amcor
• Negative Sentiment: Investors face transition-period uncertainty and significant debt. Amcor provided adjusted EPS guidance of $1.80–$1.90 for the six-month transition period ending December 31, 2026, while net debt stood at $12.9 billion after the Berry transaction. The substantial leverage and need to integrate the acquisition may temper enthusiasm despite the earnings beat.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Jefferies Financial Group set a $44.92 price objective on Amcor and gave the stock a “hold” rating in a research report on Tuesday, July 21st. UBS Group assumed coverage on shares of Amcor in a research note on Tuesday. They set a “buy” rating and a $56.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Amcor in a report on Friday, August 7th. Bank of America boosted their price objective on shares of Amcor from $48.00 to $51.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, Citigroup reduced their price objective on shares of Amcor from $54.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $48.74.

Institutional Trading of Amcor

Several institutional investors have recently made changes to their positions in AMCR. State Street Corp grew its position in Amcor by 1.7% during the fourth quarter. State Street Corp now owns 141,509,581 shares of the company’s stock valued at $1,180,190,000 after acquiring an additional 2,432,340 shares during the period. M&G PLC lifted its stake in shares of Amcor by 6.1% in the 4th quarter. M&G PLC now owns 114,989,595 shares of the company’s stock valued at $919,917,000 after purchasing an additional 6,655,611 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Amcor by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 84,095,399 shares of the company’s stock worth $701,356,000 after purchasing an additional 2,036,667 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Amcor by 6.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 59,866,243 shares of the company’s stock valued at $499,284,000 after buying an additional 3,694,656 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Amcor by 29.9% during the third quarter. Invesco Ltd. now owns 47,111,558 shares of the company’s stock worth $385,373,000 after buying an additional 10,846,351 shares during the period. 45.14% of the stock is owned by hedge funds and other institutional investors.

Amcor Company Profile

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.