What is Zacks Research’s Estimate for Amcor Q3 Earnings?

Amcor PLC (NYSE:AMCR) – Stock analysts at Zacks Research decreased their Q3 2026 earnings estimates for shares of Amcor in a research report issued to clients and investors on Tuesday, February 17th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.99 per share for the quarter, down from their prior estimate of $1.03. The consensus estimate for Amcor’s current full-year earnings is $0.74 per share. Zacks Research also issued estimates for Amcor’s Q2 2027 earnings at $0.99 EPS, Q3 2027 earnings at $1.12 EPS, Q4 2027 earnings at $1.18 EPS, FY2027 earnings at $4.36 EPS, Q2 2028 earnings at $1.07 EPS and FY2028 earnings at $4.65 EPS.

Amcor (NYSE:AMCR) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The company’s revenue for the quarter was up 68.1% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS.

Several other brokerages have also recently weighed in on AMCR. Robert W. Baird set a $54.00 price objective on shares of Amcor in a research note on Wednesday, February 4th. Citigroup reiterated a “buy” rating on shares of Amcor in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Amcor in a research note on Wednesday, January 21st. Morgan Stanley cut Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 target price on the stock. in a report on Wednesday, January 28th. Finally, Wells Fargo & Company boosted their price target on Amcor from $9.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $52.88.

Amcor Trading Up 0.1%

Shares of NYSE:AMCR opened at $49.62 on Thursday. The stock’s 50-day simple moving average is $43.99 and its two-hundred day simple moving average is $42.72. The stock has a market capitalization of $22.93 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 1.16 and a beta of 0.67. Amcor has a 52-week low of $38.33 and a 52-week high of $52.25. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30.

Hedge Funds Weigh In On Amcor

Hedge funds have recently made changes to their positions in the business. N.E.W. Advisory Services LLC lifted its holdings in Amcor by 10.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company’s stock worth $34,000 after purchasing an additional 373 shares in the last quarter. CYBER HORNET ETFs LLC raised its position in shares of Amcor by 11.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 4,488 shares of the company’s stock valued at $37,000 after buying an additional 447 shares during the last quarter. FineMark National Bank & Trust lifted its holdings in shares of Amcor by 0.6% in the fourth quarter. FineMark National Bank & Trust now owns 80,503 shares of the company’s stock worth $671,000 after buying an additional 503 shares in the last quarter. United Asset Strategies Inc. boosted its position in shares of Amcor by 1.6% during the fourth quarter. United Asset Strategies Inc. now owns 38,453 shares of the company’s stock worth $321,000 after acquiring an additional 597 shares during the last quarter. Finally, L2 Asset Management LLC grew its stake in Amcor by 6.4% during the fourth quarter. L2 Asset Management LLC now owns 11,597 shares of the company’s stock valued at $97,000 after acquiring an additional 694 shares in the last quarter. Institutional investors own 45.14% of the company’s stock.

Amcor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.60 annualized dividend and a yield of 5.2%. Amcor’s dividend payout ratio is currently 169.93%.

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.