Amcor plc (AMCR) Tops Q1 EPS by 1c, Offers Guidance

Go back to Amcor plc (AMCR) Tops Q1 EPS by 1c, Offers Guidance

Amcor reports strong first quarter results and raises outlook for fiscal 2021

November 5, 2020 4:10 PM EST

ZURICH, Nov. 5, 2020 /PRNewswire/ --

Highlights - Three Months Ended September 30, 2020

GAAP earnings per share (EPS) of 12.6 cents per share, up 207%; Adjusted EPS of 15.8 cents per share, up 20% in constant currency terms; Adjusted EBIT of $358 million, up 9% in constant currency terms; Bemis acquisition synergies of $20 million delivered in Q1. $100 million delivered on a transaction to date basis; Quarterly dividend increased to 11.75 cents per share; $150 million share buy-back announced today, funded by divestment proceeds; and Fiscal 2021 outlook for adjusted EPS growth raised to 7-12%... More