Categories Earnings, Other Industries

Earnings Summary: A snapshot of Amcor’s Q4 2023 financial results

Packaging solutions provider Amcor plc (NYSE: AMCR) reported financial results for the fourth quarter of 2023. The company also provided guidance for fiscal 2024.

  • Fourth-quarter net income increased to $181 million or $0.12 per share from $109 million or $0.07 per share a year earlier
  • Net sales decreased to $3.67 billion in the June quarter from $3.91 billion in the prior-year period.
  • Gross profit was $722 million in the three-month period, down from $794 million reported in Q4 2022
  • For fiscal 2023, the company reported net sales of $14.69 billion, which is in line with the prior year on a comparable constant currency basis
  • For fiscal 2024, the management expects adjusted earnings per share to be in the range of 67 cents to 71 cents.
  • The guidance for full-year adjusted free cash flow is between $850 million to $950 million

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Viewing Highlight