Bemis Company Reports Strong Second Quarter Earnings
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Bemis (BMS) PT Raised to $44 at RBC Capital
July 30, 2018 8:19 AM EDTRBC Capital raised its price target on Bemis (NYSE: BMS) to $44.00 (from $43.00) while maintaining a Underperform rating.
... MoreBemis (BMS) Tops Q2 EPS by 7c, Revenues Beat; Lowers FY18 EPS Mid-Point Outlook
July 26, 2018 6:12 AM EDTBemis (NYSE: BMS) reported Q2 EPS of $0.68, $0.07 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.02 billion.
We delivered strong earnings this quarter and continued to make progress on Agility, which is our plan to fix, strengthen, and grow our business, said William F. Austen, Bemis Companys President and Chief Executive Officer. Operating profit increased $20 million compared to last year, with strong improvement in all of our business segments. In our U.S. business, operating profit increased nearly $10 million as a result of... More
