Amcor (AMCR) shares scale a new 52-week high on Aug 21 following upbeat Q4 2024 results and its recently provided decarbonization roadmap.
Major U.S. equities indexes edged slightly higher to wrap up a winning week for U.S. stocks. The S&P 500, Nasdaq, and Dow all closed Friday with daily gains of roughly 0.2%.
Amcor's (AMCR) fourth quarter earnings reflect year-year-year volume growth in the Flexibles segment.
Amcor plc AMCR reported mixed results for the fourth quarter on Thursday.
U.S. stock futures were mixed this morning, with the S&P 500 futures falling around 0.1% on Friday.
Amcor plc (NYSE:AMCR ) Q4 2024 Earnings Conference Call August 16, 2024 5:30 PM ET Company Participants Tracey Whitehead - Head of Investor Relations Peter Konieczny - Interim Chief Executive Officer Michael Casamento - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Keith Chau - MST Financial Services Adam Samuelson - Goldman Sachs Daniel Kang - CLSA Anthony Pettinari - Citi George Staphos - Bank of America James Wilson - Jarden Australia Brook Campbell-Crawford - Barrenjoey Richard Johnson - Jefferies John Purtell - Macquarie Cameron McDonald - E&P Nathan Reilly - UBS Operator Hello, and welcome to the Amcor Fiscal Year '24 Results Conference Call. All lines have been placed on mute to prevent any background noise.
Amcor (AMCR) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago.
Amcor's (AMCR) fourth-quarter fiscal 2024 results are likely to reflect the impacts of muted consumer spending and destocking on its volumes, as well as high costs.
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