Amcor Q1 Adj. EPS $0.11 Misses $0.18 Estimate, Sales $5.745B Beat $5.733B Estimate

Amcor (NYSE: AMCR) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.18 by 38.92 percent. This is a 30.25 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $5.745 billion which beat the analyst consensus estimate of $5.733 billion by 0.21 percent. This is a 71.34 percent increase over sales of $3.353 billion the same period last year.