Amcor cuts transition-period adjusted EPS outlook to $1.70-$1.80 on higher energy, distribution costs
Bitget2026/11/04 22:36- Amcor cut adjusted EPS guidance for July-December 2026 to $1.70-$1.80 from $1.80-$1.90.
- The reduction reflects delayed pass-through of higher energy and distribution costs; measures underway are expected to prevent any impact on 2027 results.
- Transition-period synergies remain forecast at $130 million, including $60 million delivered in the September quarter.
- The $650 million synergy target by June 30, 2028, was reaffirmed, with most savings expected by the end of 2027.
- Calendar 2027 expectations still include double-digit adjusted EPS growth, with year-end leverage targeted at approximately 3 times.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine Buys 9,587 ETH as Holdings Near 5% of Ethereum Supply
Ekopak Expands Wastewater Treatment Plant at Mark Anthony Brewing
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
Crypto prices
More
