Investing.com - Amcor reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of A$0.3528 on revenue of A$5.65B. Analysts polled by Investing.com expected EPS of A$0.3417 on revenue of A$5.45B. .
For the year, Amcor shares are up 13.62%, outperforming the S&P/ASX 200 which is down 4.44% year to date.
Amcor follows other major Materials sector earnings this month
On Monday, James Hardie Industries reported first quarter EPS of A$0.35 on revenue of A$1B, compared to forecasts of EPS of A$0.364 on revenue of A$969.61M.
Bluescope Steel earnings missed analyst's expectations on Monday, with fourth quarter EPS of A$2.39 on revenue of A$9.59B. Investing.com analysts expected EPS of A$212.00 on revenue of A$9,061M
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