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

Amcor (NYSE:AMCR) issued its quarterly earnings data on Wednesday. The company reported $1.23 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $6.05 billion. During the same quarter in the previous year, the company posted $0.20 earnings per share. Amcor’s revenue 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 Price Performance

AMCR traded down $0.04 on Thursday, hitting $46.52. 2,439,140 shares of the company’s stock traded hands, compared to its average volume of 4,928,351. The company’s 50 day simple moving average is $43.24 and its 200-day simple moving average is $42.58. The firm has a market cap of $21.51 billion, a price-to-earnings ratio of 32.51, a P/E/G ratio of 1.49 and a beta of 0.62. Amcor has a one year low of $36.25 and a one year high of $50.94. The company has a current ratio of 1.44, a quick ratio of 0.95 and a debt-to-equity ratio of 1.30.

Amcor Dividend Announcement

The firm 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 dividend of $0.65 per share. The ex-dividend date 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%.

More Amcor News

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.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AMCR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Amcor in a research note on Friday, August 7th. Bank of America upped their target price on shares of Amcor from $48.00 to $51.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. UBS Group assumed coverage on shares of Amcor in a research report on Tuesday. They issued a “buy” rating and a $56.00 price target on the stock. Jefferies Financial Group set a $44.92 price target on shares of Amcor and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company set a $43.00 price target on Amcor and gave the company an “equal weight” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Amcor presently has an average rating of “Moderate Buy” and a consensus target price of $48.74.

Institutional Investors Weigh In On Amcor

A number of institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of Amcor by 6.8% during the fourth quarter. Pacer Advisors Inc. now owns 196,252 shares of the company’s stock worth $1,637,000 after acquiring an additional 12,441 shares during the last quarter. Rare Wolf Capital LLC purchased a new position in shares of Amcor during the fourth quarter valued at about $135,000. Mercer Global Advisors Inc. ADV grew its position in shares of Amcor by 41.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 142,427 shares of the company’s stock valued at $1,188,000 after purchasing an additional 41,921 shares in the last quarter. Virtue Capital Management LLC grew its position in shares of Amcor by 2.1% during the fourth quarter. Virtue Capital Management LLC now owns 47,551 shares of the company’s stock valued at $400,000 after purchasing an additional 976 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in shares of Amcor by 6.6% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 59,866,243 shares of the company’s stock worth $499,284,000 after purchasing an additional 3,694,656 shares during the last quarter. 45.14% of the stock is owned by hedge funds and other institutional investors.

About Amcor

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.