Investing.com - Amcor reported first quarter earnings that missed analysts' expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of A$0.18 on revenue of A$4.84B. Analysts polled by Investing.com anticipated EPS of A$0.25 on revenue of A$5.15B. That compared to EPS of A$0.23 on revenue of A$3.43B in the same period a year earlier. The company had reported EPS of A$0.23 on revenue of A$4.51B in the previous quarter.
For the year, Amcor shares are down 11.14%, outperforming the S&P/ASX 200 which is down 19.48% year to date.
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