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Amcor reports $6.1 billion in quarterly revenue and lowers transition period EPS guidance

The Motley Fool +1 · ·by G4L

AMCR
AMCR Amcor Plc
$45.14 +0.60%
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  1. 1Amcor recorded $6.1 billion in revenue this quarter, a 7% increase year-over-year.
  2. 2Amcor achieved adjusted EPS of $0.95 for the quarter on a constant currency basis.
  3. 3CEO Peter Konietzky lowered the transition period adjusted EPS guidance to $1.70-$1.80 due to timing differences in passing through energy and distribution costs.

So what's the key point?

Amcor recorded $6.1 billion in revenue this quarter. The company lowered its earnings per share guidance for the next period due to energy and distribution cost issues.

Source The Motley Fool +1 · View original ↗

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