Amcor Q4 Adj $0.21 Beats $0.20 Estimate, Sales $3.54B Miss $3.64B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amcor (NYSE:AMCR) reported Q4 earnings of $0.21 per share, beating the analyst estimate of $0.20. However, sales of $3.54 billion missed the $3.64 billion estimate.
August 15, 2024 | 8:13 pm
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Amcor reported Q4 earnings of $0.21 per share, beating the analyst estimate of $0.20. However, sales of $3.54 billion missed the $3.64 billion estimate.
While Amcor's earnings per share beat expectations, the miss on sales could create mixed sentiment among investors. The earnings beat shows operational efficiency, but the sales miss indicates potential challenges in revenue generation.
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