Amcor PLC Shs Chess Depository Interests (AU:AMC)
ASX:AMC
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.37Last Year’s EPS
1.41Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong execution on integration and synergy capture (Q2 synergies of $55M, H1 $93M), solid near-term financial performance (Q2 adjusted EPS +7%, reaffirmed FY guidance, upgraded multi-year synergy targets), and clear portfolio focus with active optimization of $2.5B non-core businesses. Headwinds remain from soft volumes (company volumes down ~2.5% in Q2), weakness in the non-core North American beverage business, elevated leverage (3.6x exiting Q2), and some regional softness (Europe). Management expects H2 improvement driven by additional synergies, seasonality, and non-core performance recovery and maintained a constructive outlook. Overall, positive operational progress and guidance offset the near-term volume and non-core headwinds.Company Guidance
Quarterly Revenue and Profitability
Q2 revenue of $5.4 billion, EBITDA of $826 million and EBIT of $603 million; adjusted EPS of $0.86 for the quarter (post one-for-five reverse split). Adjusted EPS was up 7% in Q2 and 14% for the first half versus prior year.
Synergy Acceleration and Targets
Synergies accelerated to $55 million in Q2 and $93 million in the first half. Management is confident in delivering at least $260 million of synergies in fiscal 2026 and a total of $650 million through fiscal 2028; procurement target of $325 million by 2028. G&A and procurement synergies in Q2 were roughly evenly split.
Reaffirmed Financial Guidance
Company reaffirmed full-year guidance with expected adjusted EPS growth of 12%–17% year-over-year and free cash flow guidance of $1.8 billion to $1.9 billion for fiscal 2026. (Note: presenters referenced EPS ranges reflecting the reverse split: $4.20–$4.50 and $4.00–$4.15.)
Core Portfolio Strength
Defined $20 billion core portfolio outperforms the total company across key metrics: core volumes were ~1.5% lower YoY, ~100 basis points better than the total combined portfolio; adjusted EBIT dollars in the core were up approximately 7% (driven by synergies) and adjusted EBIT margins of ~12%.
Segment Performance — Rigid and Flexible
Flexible Packaging sales increased ~23% on a constant currency basis (driven by Berry acquisition); comparable flexible volumes down ~2% with adjusted EBIT up ~22% CC to $402 million and comparable adjusted EBIT up ~1% CC. Rigid Packaging had comparable volumes flat (ex non-core) and adjusted EBIT of $228 million; comparable adjusted EBIT up 15% (ex non-core) with margin improvement ~200 basis points to 12%.
Cash Flow, Leverage and Capital Allocation
Q2 free cash flow of $289 million; first half cash outflow of $53 million (in line with acquisition expectations). FY26 capital spend expected $850–$900 million (H1 capex $459 million). Adjusted leverage exiting Q2 was 3.6x with an expected year-end leverage of 3.1–3.2x.
Commercial Wins and Revenue Synergies
Annualized sales revenue from wins directly linked to the Berry combination now exceeds $100 million, on track toward the three-year target of $280 million. Example wins include supporting a major pharma GLP-1 therapy with blister and rigid packaging across regions.
Shareholder Returns and Organizational Progress
Board declared a quarterly dividend of $0.65 per share (increase vs prior year). Integration progress includes >600 headcount reductions, ~20 site closures/restructures approved or announced, and early fiscal benefits (~$10 million) from debt/tax optimization.
Amcor PLC Shs Chess Depository Interests (AU:AMC) Earnings, Revenues Date & History
AU:AMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:AMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | AU$62.25 | AU$64.45 | +3.54% |
Nov 05, 2025 | AU$59.15 | AU$62.11 | +5.01% |
Aug 14, 2025 | AU$71.35 | AU$72.07 | +1.01% |
Apr 30, 2025 | AU$68.91 | AU$66.27 | -3.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amcor PLC Shs Chess Depository Interests (AU:AMC) report earnings?
Amcor PLC Shs Chess Depository Interests (AU:AMC) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Amcor PLC Shs Chess Depository Interests (AU:AMC) earnings time?
Amcor PLC Shs Chess Depository Interests (AU:AMC) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Amcor PLC Shs Chess Depository Interests stock?
The P/E ratio of Amcor PLC Shs Chess Depository Interests is N/A.
What is AU:AMC EPS forecast?
AU:AMC EPS forecast for the fiscal quarter 2026 (Q3) is 1.37.