Ardagh Metal Packaging Q3 2024 Adj. EPS $0.08 Beats $0.07 Estimate, Sales $1.313B Miss $1.342B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ardagh Metal Packaging (NYSE:AMBP) reported Q3 2024 earnings per share of $0.08, surpassing the analyst estimate of $0.07. However, its sales of $1.313 billion fell short of the expected $1.342 billion, though they increased by 1.47% from the previous year.
October 24, 2024 | 11:01 am
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Ardagh Metal Packaging's Q3 2024 EPS of $0.08 beat expectations, but sales of $1.313B missed estimates. Sales increased by 1.47% year-over-year.
The EPS beat indicates better-than-expected profitability, which is positive. However, the sales miss suggests potential challenges in revenue growth, balancing the impact. The year-over-year sales increase is a positive sign.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100