Amcor (NYSE:AMCR) Announces Earnings Results

Amcor (NYSE:AMCR) posted its earnings results on Wednesday. The company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.04, FiscalAI reports. The firm had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.05 billion. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The business’s revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 EPS.

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 Stock Performance

NYSE AMCR traded down $0.07 during trading hours on Thursday, reaching $46.49. 2,508,782 shares of the company were exchanged, compared to its average volume of 4,928,776. Amcor has a 1 year low of $36.25 and a 1 year high of $50.94. The business’s 50 day simple moving average is $43.24 and its 200-day simple moving average is $42.58. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $21.50 billion, a P/E ratio of 32.55, a P/E/G ratio of 1.49 and a beta of 0.62.

Amcor Dividend Announcement

The business also recently declared 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 yield of 5.6%. Amcor’s dividend payout ratio is presently 181.82%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. DV Equities LLC bought a new stake in shares of Amcor in the 4th quarter worth approximately $27,000. CYBER HORNET ETFs LLC purchased a new stake in Amcor in the second quarter worth $36,000. Geneos Wealth Management Inc. increased its position in Amcor by 1,915.0% in the second quarter. Geneos Wealth Management Inc. now owns 4,554 shares of the company’s stock worth $42,000 after buying an additional 4,328 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Amcor in the second quarter valued at $62,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Amcor by 61.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 9,644 shares of the company’s stock valued at $81,000 after buying an additional 3,687 shares during the last quarter. 45.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMCR has been the topic of several analyst reports. Wells Fargo & Company set a $43.00 price target on shares of Amcor and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. BMO Capital Markets assumed coverage on shares of Amcor in a research note on Thursday, July 16th. They issued a “market perform” rating and a $47.00 price objective for the company. Truist Financial reissued a “buy” rating and set a $51.00 target price (up from $50.00) on shares of Amcor in a research report on Thursday, May 7th. Bank of America boosted their target price on Amcor from $48.00 to $51.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, JPMorgan Chase & Co. decreased their price target on Amcor from $50.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amcor has a consensus rating of “Moderate Buy” and an average target price of $48.74.

Amcor News Roundup

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.

Amcor Company Profile

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.