BRUSSELS (dpa-AFX) - 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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