Bemis (BMS) Tops Q4 EPS by 1c

Bemis (NYSE: BMS) reported Q4 EPS of $0.57, $0.01 better than the analyst estimate of $0.56. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.05 billion.

Bemis sees FY2015 EPS of $2.52-$2.67, versus the consensus of $2.52.

“This has been a pivotal year for Bemis Company as we shifted to a growth focus,” said William F. Austen, Bemis Company’s President and Chief Executive Officer. “In our U.S. Packaging segment, we are commercializing new product innovations and expanding capacity to meet the needs of our growing target end markets. Improving performance in our Global Packaging segment demonstrates that our growth strategy is working. Higher profit margins in this segment were driven by increased unit sales in our target end markets around the world. As we enter 2015, I am confident that our commitment to quality, service, and the success of our customers will deliver improving financial performance well into the future.”

For earnings history and earnings-related data on Bemis (BMS) click here.

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