Amcor (AMCR) swings to profit in Q4 with net income of $389 million

AMCR Amcor Plc

$41.80 -0.14%

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1. 1Amcor (AMCR) posted fiscal fourth-quarter net income of $389 million, swinging to a profit from a loss in the year-ago period.
2. 2Adjusted EPS came in at $1.23, beating the market estimate of $1.18, while revenue of $6.4 billion also topped the expected $6.03 billion.
3. 3Full-year net income reached $1.11 billion ($2.38 per share) on revenue of $23.51 billion, and the stock is up 14% year-to-date.

Source Associated Press +1 · View original ↗

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