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Anushka Mukherjee

Amcor's Quarterly Earnings Preview: What You Need to Know

Valued at a market cap of $16.4 billion, Amcor plc (AMCR) develops, produces, and sells flexible and rigid packaging products for the food, beverage, pharmaceutical, home, and personal care industries and helps leading companies protect their products and differentiate their brands. The Zurich, Switzerland-based company is expected to announce its fiscal Q1 earnings results on Tuesday, Oct. 29.

Ahead of this event, analysts expect the packaging company to report a profit of $0.17 per share, up 6.3% from $0.16 per share in the year-ago quarter. The company has consistently beaten or met Wall Street's earnings estimates in the last four quarters.

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