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Kritika Sarmah

Here's What to Expect From Amcor's Next Earnings Report

With a market cap of $13.5 billion, Amcor plc (AMCR) develops, produces, and sells packaging products in Europe, North America, Latin America, and the Asia Pacific. Based in Zurich, Switzerland, the company operates in two segments, Flexibles and Rigid Packaging. The company is expected to report its Q3 earnings on Tuesday, Apr. 29.

Ahead of the event, analysts expect AMCR to report a profit of $0.19 per share, up 5.6% from a profit of $0.18 per share reported in the year-ago quarter. It has exceeded or met analysts' earnings estimates in all of the past four quarters. In the previous quarter, it reported EPS of $0.16, which successfully met the consensus estimate.

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