Ardagh Metal Packaging Q2 2024 Adj EPS $0.06 Beats $0.05 Estimate, Sales $1.259B Miss $1.318B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ardagh Metal Packaging (NYSE:AMBP) reported Q2 2024 earnings per share of $0.06, beating the analyst estimate of $0.05. However, sales of $1.259 billion missed the $1.318 billion estimate.
July 25, 2024 | 11:05 am
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Ardagh Metal Packaging reported better-than-expected EPS of $0.06, but missed sales estimates with $1.259 billion. The mixed results may lead to short-term volatility in the stock price.
The EPS beat is a positive sign, indicating better profitability, but the sales miss could raise concerns about revenue growth. This mixed outcome is likely to cause short-term volatility in AMBP's stock price.
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