Bemis Company Reports Strong First Quarter Earnings Results

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Bemis (BMS) Tops Q1 EPS by 2c, Revenues Miss

April 22, 2019 6:07 AM EDT

Bemis (NYSE: BMS) reported Q1 EPS of $0.67, $0.02 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.

We delivered another strong earnings quarter, said William F. Austen, Bemis Companys President and Chief Executive Officer. All operating segments performed within our range of expectations and met our Agility objectives. Our U.S. business remains strong, reflected in increased sales volume and operating profit compared to one year ago; we continue to strengthen our operations and lay the foundation for long-term growth through our short-run business... More