Preview: Amcor's Earnings
Portfolio Pulse from Benzinga Insights
Amcor (NYSE:AMCR) is set to release its latest quarterly earnings report on Wednesday, 2023-08-16. Analysts estimate an earnings per share (EPS) of $0.18. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $9.65, down 26.59% over the last 52-week period.
August 15, 2023 | 2:00 pm
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Amcor's upcoming earnings report could potentially impact its stock price, given the historical trend of share price drops following earnings reports. The stock is currently down 26.59% over the last 52-week period.
Historically, Amcor's stock price has dropped following earnings reports. Given that the stock is already down 26.59% over the last 52-week period, the upcoming earnings report could potentially lead to further price drops, especially if the company fails to meet the estimated EPS of $0.18.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100