Amcor plc (AMCR) Reports Q1 EPS of $0.13

Amcor plc (NYSE: AMCR) reported Q1 EPS of $0.13, versus $0.12 reported last year.

• GAAP net income of $66 million and GAAP Earnings Per Share (EPS) of 4.1 US cents per share;
• Adjusted EBIT of $335 million, up 9.5% in constant currency terms;
• Adjusted net income of $218 million and adjusted EPS of 13.4 US cents per share, both up 14.9% in constant currency terms;
• Quarterly dividend of 11.5 US cents per share declared today (annualised yield of 4.7% as of 1 November 2019);
• Repurchased 5.8 million shares in the quarter as the company commenced a $500 million buy-back;
• Integration of the Bemis business progressing well; on track to deliver $180 million of pre-tax cost synergies over three years; and
• Reaffirmed fiscal 2020 expectations for adjusted EPS growth of 5% to 10% in constant currency terms.

For earnings history and earnings-related data on Amcor plc (AMCR) click here.

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