Amcor plc (AMCR) Misses Q3 EPS by 3c

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Amcor reports strong financial result and raises fiscal 2022 EPS guidance

May 3, 2022 4:10 PM EDT

March quarter net sales up 16%; Up 5% on a comparable constant currency basis

March quarter GAAP EPS up 3%; Adjusted EPS up 15% on a comparable constant currency basis

Highlights - Nine Months Ended March 31, 2022

Net sales of $10,635 million, up 13%; GAAP Net Income of $696 million, up 2%; GAAP earnings per share (EPS) of 45.6 cents per share, up 4%; Adjusted EPS of 56.2 cents per share, up 11% on a comparable constant currency basis; Adjusted EBIT of $1,196 million, up 6% on a comparable constant currency basis; Increasing returns to shareholders: quarterly... More