Amcor plc (AMCR) revealed a profit for first quarter that beat the Street estimates.
The company's earnings came in at $262 million, or $0.113 per share. This compares with $191 million, or $0.132 per share, last year.
Excluding items, Amcor plc reported adjusted earnings of $448 million or $0.193 per share for the period.
Analysts on average had expected the company to earn $0.18 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 71.3% to $5.745 billion from $3.353 billion last year.
Amcor plc earnings at a glance (GAAP) :
-Earnings: $262 Mln. vs. $191 Mln. last year.-EPS: $0.113 vs. $0.132 last year.-Revenue: $5.745 Bln vs. $3.353 Bln last year.
-Guidance:Full year EPS guidance: $0.80 to $0.83
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.