Amcor (NYSE:AMCR) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Amcor (NYSE:AMCR) announced its earnings results on Tuesday. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03, FiscalAI reports. Amcor had a net margin of 3.04% and a return on equity of 16.65%. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $5.53 billion. During the same quarter last year, the business earned $0.80 earnings per share. The company’s revenue for the quarter was up 68.1% compared to the same quarter last year. Amcor updated its FY 2026 guidance to 4.000-4.150 EPS.

Here are the key takeaways from Amcor’s conference call:

• Amcor says the acquisition of Berry is driving accelerating cost and revenue synergies, with $55M of synergy benefits in Q2, $93M in the first half, and a reaffirmed target of at least $260M for fiscal 2026 and $650M through fiscal 2028.
• Q2 results were in line with expectations — revenue of $5.4B, EBITDA $826M, Q2 adjusted EPS up 7% (H1 up 14%) — and management reaffirmed full-year guidance of Adjusted EPS $4.00–$4.15 and free cash flow of $1.8B–$1.9B, targeting double‑digit EPS growth for FY26.
• A ~$2.5B non‑core portfolio (notably North American beverage) materially underperformed in Q2, dragging margins (non‑core EBIT ~5% H1 and ~3% in Q2), prompting active portfolio optimization and potential divestment processes.
• Balance‑sheet and capital allocation remain priorities — adjusted leverage exited Q2 at 3.6x with an expected fiscal‑year exit of 3.1–3.2x, planned CapEx of $850M–$900M, continued dividend growth (Q2 dividend up to $0.65/sh) and a commitment to an investment‑grade rating.

Amcor Trading Down 1.3%

NYSE:AMCR traded down $0.64 during trading hours on Thursday, reaching $47.92. 1,080,605 shares of the stock were exchanged, compared to its average volume of 6,074,846. Amcor has a twelve month low of $38.33 and a twelve month high of $52.25. The business has a 50-day moving average of $42.54 and a two-hundred day moving average of $42.63. The company has a market capitalization of $22.09 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 1.04 and a beta of 0.67. The company has a quick ratio of 0.62, a current ratio of 1.04 and a debt-to-equity ratio of 1.09.

Amcor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Wednesday, February 25th will be given a $0.65 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.60 dividend on an annualized basis and a yield of 5.4%. Amcor’s payout ratio is presently 152.94%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Laird Norton Wetherby Wealth Management LLC grew its stake in shares of Amcor by 9.3% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,679 shares of the company’s stock worth $194,000 after purchasing an additional 2,006 shares in the last quarter. Horizon Investments LLC raised its position in shares of Amcor by 8.8% during the 3rd quarter. Horizon Investments LLC now owns 24,847 shares of the company’s stock worth $203,000 after acquiring an additional 2,011 shares in the last quarter. McIlrath & Eck LLC lifted its stake in Amcor by 3.1% during the second quarter. McIlrath & Eck LLC now owns 68,887 shares of the company’s stock worth $633,000 after purchasing an additional 2,054 shares during the last quarter. Certuity LLC boosted its holdings in Amcor by 13.8% in the third quarter. Certuity LLC now owns 17,544 shares of the company’s stock valued at $144,000 after purchasing an additional 2,130 shares in the last quarter. Finally, Pitcairn Co. increased its stake in Amcor by 17.6% in the second quarter. Pitcairn Co. now owns 14,652 shares of the company’s stock valued at $135,000 after purchasing an additional 2,192 shares during the last quarter. Institutional investors and hedge funds own 45.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMCR. Robert W. Baird set a $54.00 target price on Amcor in a research report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Amcor in a report on Wednesday, January 21st. Morgan Stanley lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price target on the stock. in a research report on Wednesday, January 28th. Wells Fargo & Company boosted their price objective on Amcor from $9.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Finally, Truist Financial lifted their target price on shares of Amcor from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Amcor has a consensus rating of “Moderate Buy” and a consensus target price of $52.71.

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.