Amcor plc (AMCR) Posts Q2 GAAP EPS of $0.12

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Go back to Amcor plc (AMCR) Posts Q2 GAAP EPS of $0.12

Amcor reports first half results and raises outlook for fiscal 2021

February 2, 2021 4:10 PM EST

ZURICH, Feb. 2, 2021 /PRNewswire/ --

Highlights - Six Months Ended December 31, 2020

GAAP Net Income of $417 million, up 65%; GAAP earnings per share (EPS) of 26.5 cents per share, up 71%; Adjusted EPS of 33.3 cents per share, up 16% in constant currency terms; Adjusted EBIT of $743 million, up 8% in constant currency terms; $35 million Bemis cost synergies in H1; expect approximately $70 million (previously $50-$70 million) in FY21; A further $200 million of share repurchases approved bringing the total announced in fiscal 2021 to $350 million; Quarterly dividend higher than last year at 11.75 cents per... More