Amcor Shares Down 4% Since Q4 Results Announcement
<p><a href='https://financialmodelingprep.com/financial-summary/AMCR'>Amcor plc (NYSE:AMCR)</a> shares fell around 4% since the company’s reported Q4 results last week. Quarterly EPS came in at $0.07, worse than the Street estimate of $0.24. Revenue was $3.91 billion, compared to the Street estimate of $3.78 billion.</p>
<p>For the full 2023-year, the company expects adjusted EPS to be in the range of $0.80-$0.84.</p>
<p>This implies just 2% growth year over year at the midpoint given currency and interest headwinds. The guidance also includes the sale of the Russia business by H2/23, which is roughly a 2% headwind to EPS.</p>

NYSE:AMCR