Investing.com - Amcor reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of A$0.22 on revenue of A$4.26B. Analysts polled by Investing.com expected EPS of A$0.21 on revenue of A$4.33B. .
For the year, Amcor shares are up 3.21%, outperforming the S&P/ASX 200 which is down 7.39% year to date.
Amcor follows other major Basic Materials sector earnings this month
On Wednesday, October 28, 2020, Champion Iron Ltd reported second quarter EPS of A$0.25 on revenue of A$330.39M, compared to forecasts of EPS of A$0.16 on revenue of A$292.93M.
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