Bemis Company (BMS) reported fourth quarter adjusted EPS of $0.45 Wednesday morning, compared to $0.49 in the prior year. The consensus estimate was for EPS of $0.40. Full year 2012 adjusted EPS is expected to be between $2.05 and $2.20, compared to the consensus estimate of $2.16.
Bemis has spiked sharply to the upside in early trade Wednesday and is currently higher by 1.60 at $31.59. The stock has risen to a 3-month high and has re-crossed its 200-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.