- Amcor achieves CNAS accreditation in China, speeding customer access to global markets
May 11, 2026
Internationally recognized testing capabilities deliver data validation recognized across 116 countries
ZURICH, May 11, 2026 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that its Asia Pacific Innovation Center (APIC) laboratory has received accreditation from the China National Accreditation Service for Conformity Assessment (CNAS), strengthening its role within Amcor's innovation ecosystem.Amcor’s Asia Pacific Innovation Center (APIC) laboratory has received accreditation from the China National Accreditation Service for Conformity Assessment (CNAS), strengthening its role within Amcor’s innovation ecosystem.
CNAS is China's national accreditation body responsible for assessing testing and calibration laboratories against international standards. Its accreditation indicates that a laboratory meets globally recognized requirements for technical competence and quality management. Accreditation is granted following a rigorous 18-to-24-month evaluation process.
The milestone comes as Amcor expands in key emerging markets, including China, where advanced local testing capabilities are increasingly critical to meeting complex customer and regulatory requirements. With the CNAS recognition, the APIC can now generate test data recognized across 116 countries globally, streamlining regulatory approval and market access for customers.
The accreditation also strengthens Amcor's ability to respond to local requirements while building a repository of regulatory, material and testing insights that can be applied across other high-growth markets.
"Becoming CNAS accredited means our customers don't have to second-guess the data — it's recognized wherever they operate," said Ludmila Fidale, Vice President, Research and Development, at Amcor. "It allows us to solve problems faster, with confidence, especially in markets where the rules are changing quickly and sustainability expectations are rising."
Operating in China's large and rapidly evolving packaging market enables the APIC team to build deep expertise in certification processes, sustainability standards and performance validation. With CNAS accreditation, the laboratory can:
Accelerate compliance pathways for multinational and regional customers Develop reliable certification approaches applicable across emerging markets Deliver data-driven innovation that supports packaging performance and supply chain resilience
From packaging validation to failure analysis, the laboratory partners with customers and suppliers, advancing transparency and accelerating innovation.
About Amcor
Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC
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- The Bull Case For Amcor (AMCR) Could Change Following Dividend Hike And Raised Guidance – Learn Why
May 9, 2026
Amcor plc recently reported past third-quarter 2026 results showing sales of US$5,914 million and net income of US$278 million, alongside progress integrating the Berry acquisition, portfolio reshaping, and a change to a calendar-year fiscal cycle. The Board also raised Amcor’s quarterly dividend to US$0.65 per share, signalling confidence in free cash flow while it divests non-core assets and negotiates the sale of its ESE World waste-management unit. We’ll now examine how Amcor’s raised earnings guidance and dividend increase affect the existing investment narrative built around Berry integration.
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Amcor Investment Narrative Recap
To own Amcor, you really have to believe the Berry integration and portfolio reshaping can steadily lift earnings despite only modest underlying volume trends and a stretched balance sheet. The latest quarter, with higher sales, raised EPS guidance and a small dividend increase, supports that earnings self help remains the key near term catalyst, while execution risk around delivering the planned Berry synergies still looks like the biggest swing factor. This news does not fundamentally change those priorities.
The most relevant update here is management’s decision to lift adjusted fiscal 2026 EPS guidance to about US$3.98 to US$4.03, tied to US$270 million of Berry related synergies. That guidance sits alongside lower free cash flow expectations due to higher inventories, which matters for a company already focused on deleveraging and funding a 6 percent plus dividend yield. How well Amcor balances those cash demands will feed directly into how credible this earnings led story feels.
Yet behind the raised dividend and upbeat guidance, there is a risk around leverage and cash generation that investors should really understand before they...
Read the full narrative on Amcor (it's free!)
Amcor's narrative projects $24.3 billion revenue and $1.7 billion earnings by 2029.
Uncover how Amcor's forecasts yield a $50.22 fair value, a 26% upside to its current price.
Exploring Other PerspectivesAMCR 1-Year Stock Price Chart
Some of the lowest ranked analysts were already cautious, assuming revenue of about US$23.4 billion and earnings of roughly US$1.7 billion by 2029, and this new earnings upgrade plus softer free cash flow guidance could either ease or deepen those concerns depending on how you think Berry synergies and portfolio sales actually land.
Explore 7 other fair value estimates on Amcor - why the stock might be worth less than half the current price!
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Decide For Yourself
Don't just follow the ticker - dig into the data and build a conviction that's truly your own.
A great starting point for your Amcor research is our analysis highlighting 3 key rewards and 4 important warning signs that could impact your investment decision. Our free Amcor research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Amcor's overall financial health at a glance.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AMCR.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- A Look At Amcor (AMCR) Valuation After Recent Share Price Rebound And Conflicting DCF Estimates
May 8, 2026
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Context for Amcor after recent share performance
Recent trading in Amcor (NYSE:AMCR) has put the packaging group back on investor radars, as the stock shows mixed returns over the past week, month and past 3 months.
With the share price last closing at $39.92, investors comparing shorter term moves with weaker year to date and 1 year total returns may be asking whether current levels fairly reflect Amcor’s earnings profile and the balance between value and risk.
See our latest analysis for Amcor.
Amcor’s recent 7 day share price return of 4.94% sits against a 90 day share price decline of 17.13% and a 1 year total shareholder return decline of 7.77%, suggesting recent momentum is rebuilding after a weaker stretch.
If Amcor’s recent moves have you thinking about where else to put fresh capital, it could be worth scanning for other packaging related or industrial suppliers through the 19 top founder-led companies
So with Amcor trading at $39.92, a 23% discount to the average analyst price target and a larger gap to some intrinsic value estimates, is this a genuine buying opportunity, or is the market already pricing in future growth?
Most Popular Narrative: 698.4% Overvalued
According to the narrative by andy_c, the fair value is set at $5.00 per share, far below the last close at $39.92, which frames a very cautious valuation stance.
Intrinsic Value (DCF) per share – Estimate: 4.85 dollars; Buffett’s preferred: Not applicable; Status: —; Explanation: A discounted cash flow model using TTM FCF of about 725 million dollars, 0% growth, 9% discount rate and 2.5% terminal growth yields intrinsic value around 4.85 dollars per share.
Read the complete narrative.
Curious how a mature, slow growing packaging business ends up with this kind of valuation gap. The tension sits in the cash flow path, growth rate assumptions and the earnings multiple the narrative believes the market is willing to pay next.
Result: Fair Value of $5.00 (OVERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, investors still need to watch for higher than expected integration costs or slower than expected improvement in margins, which could challenge such a cautious pricing view.
Find out about the key risks to this Amcor narrative.
Another view using SWS DCF fair value
While the user narrative points to a fair value of $5.00 and labels Amcor as overvalued, the SWS DCF model presents a different perspective, with an estimated future cash flow value of $120.63 per share that suggests the stock is trading well below that level.
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This difference between a cautious user DCF and the SWS DCF raises a practical question for you as an investor: which model assumptions do you place more weight on, the low-growth, high-caution approach or the one that emphasizes potential future earnings improvement and cash generation?
Look into how the SWS DCF model arrives at its fair value.AMCR Discounted Cash Flow as at May 2026
Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Amcor for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 51 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.
Next Steps
If this mix of caution and optimism feels split, treat it as your cue to review the data yourself and then weigh the 3 key rewards and 4 important warning signs.
Looking for more investment ideas?
If Amcor has sharpened your focus, do not stop here. Broaden your watchlist now and give yourself more options before the next move arrives.
Spot potential value opportunities early by scanning 51 high quality undervalued stocks and comparing how their fundamentals stack up against Amcor. Strengthen your portfolio’s foundation by reviewing companies in the solid balance sheet and fundamentals stocks screener (44 results) so you can see which stocks pair financial resilience with current pricing. Aim for dependable income by lining up candidates from the 12 dividend fortresses and checking how their yields and payout histories fit your goals.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AMCR.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Amcor: Mispriced At Multi-Year Low Forward P/E With A Dividend That Pays To Wait
May 8, 2026 · seekingalpha.com
Amcor remains a Buy, offering a 6.5% dividend yield and trading at a significant discount to sector multiples. Despite recent underperformance versus the benchmark, I see developing tailwinds, stable bottom-line growth, and a defensive profile supporting long-term value. AMCR trades at 10x forward P/E with double-digit EPS growth expected, and management signals ongoing share buybacks and dividend stability.
- Amcor's Downgraded Fiscal 2026 EPS and FCF Guidance Appear to be 'Stretch Targets' Amid Challenging Macro, RBC Says
May 7, 2026
Amcor's (AMCR) downgraded fiscal 2026 EPS and free cash flow guidance appear to be "stretch targets"
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- Amcor Q3 profit soars 42%, plans reporting cycle and US HQ changes
May 7, 2026
Amcor has reported attributable net income of $278m for the third quarter (Q3) of fiscal year 2026, up 41.8% from $196m in the prior-year period.
For the quarter ending 31 March 2026, net sales reached $5.91bn, up 70% on a constant currency basis.
The figure included $2.4bn of acquired sales net of divestments, representing growth of 71%.
Adjusted earnings before interest and taxes (EBIT) for Q3 were $687m, an increase of 72% on a constant currency basis.
In global flexible packaging solutions, the March-quarter net sales came to $3.2bn, 29% above the prior year on a constant currency basis.
In global rigid packaging solutions, net sales were $2.6bn, up 174% on a constant currency basis.
The result included $1.7bn of acquired sales, representing growth of 182%, with an unfavourable impact of approximately 5% from the pass-through of reduced raw material costs.
Amcor CEO Peter Konieczny said: “Third-quarter results were in line with expectations and reflect the resilience of our business as we mark the first anniversary of bringing legacy Amcor and Berry together as One Amcor. Over the past year, we have executed a smooth integration, built a strong leadership structure, and made meaningful progress on synergy delivery and portfolio optimisation.
“We remain focused on what we can control - ensuring reliable supply, managing costs and pricing responsibly to offset inflation, and supporting our customers. With clear visibility to additional synergy benefits and a proven ability to navigate volatility, we are confident in our outlook and the continued strength of our business."
From 2027, the company plans to move and combine selected corporate functions at a new US headquarters in Miami, Florida, to align resources more closely with its operating footprint.
Switzerland and Australia will remain part of its corporate footprint.
Amcor also plans to change its fiscal calendar to match the calendar year. Its current fiscal year will end on 30 June, followed by a transition “stub period” from 1 July to 31 December 2026.
The new reporting calendar will start in 2027, and the company said it expects to provide an outlook for the year in February.
"Amcor Q3 profit soars 42%, plans reporting cycle and US HQ changes" was originally created and published by Packaging Gateway, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
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- Amcor plc Q3 2026 Earnings Call Summary
May 6, 2026
Amcor plc Q3 2026 Earnings Call Summary - Moby
Strategic Execution and Portfolio Optimization
Performance was driven by disciplined cost management and accelerating synergy capture, which offset a modestly challenging volume environment where comparable volumes declined 1.5%. Management attributes the 6% adjusted EPS growth to the successful integration of Berry, specifically citing the ability to maintain dollar earnings through responsible pricing actions despite input cost inflation. The core portfolio, representing 50% of sales, outperformed the total company with flat volumes in focus categories and stronger EBIT margins of 12.3% due to favorable product mix. Operational resilience was tested by U.S. winter storms in January and February, resulting in a $25 million unfavorable impact due to lost production days in the Midwest and Northeast. Portfolio sharpening progressed with 6 divestiture agreements reached for noncore businesses, totaling $500 million in annual revenue, to focus on higher-growth opportunities. Management emphasized that their global supply network and minimal reliance on Middle Eastern resin (less than 5% of sourcing) provide a competitive advantage in maintaining supply continuity.
Guidance Assumptions and Strategic Outlook
Fiscal 2026 adjusted EPS guidance of $3.98 to $4.03 assumes a 20% year-over-year growth in Q4, primarily driven by the full-period contribution of the Berry acquisition. Free cash flow guidance was lowered to $1.5 billion - $1.6 billion (from $1.8 billion - $1.9 billion) due to a strategic decision to hold higher inventory levels to ensure customer supply during Middle East volatility. Management expects to exceed initial Year 1 synergy targets, raising the goal to $270 million from $260 million, with a clear path to $650 million cumulatively over three years. The company will transition to a December 31 fiscal year-end starting in 2027 to enhance peer comparability and simplify investor modeling. Leverage is expected to end the year at 3.4x to 3.5x, with a committed pathway back to the 2.5x to 3.0x target range as supply chains normalize and divestiture proceeds are applied to debt.
Structural Changes and Risk Factors
Divestiture of 6 noncore businesses at an average multiple of 6x will generate approximately $500 million in cash proceeds for debt reduction. The company is consolidating select corporate functions to a new U.S. headquarters in Miami, Florida, starting in 2027 to align with its operating footprint. Middle East conflict is identified as a primary driver of recent resin inflation, though management expects no material impact on Q4 earnings due to pass-through mechanisms. A $25 million headwind from Q3 winter storms is viewed as a non-recurring operational disruption that impacted the Rigid Packaging segment specifically.
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Q&A Session Insights
Mitigating Middle East inflation and resin price lags
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Management explained that 70% of the business is contracted with pass-through clauses, while the 30% non-contracted portion is managed through general price increases. They are engaging in collaborative, non-mechanical discussions with contracted customers to seek relief for inflation that falls outside 'business-as-usual' parameters.
Impact of elevated inventory on future cash flow
The $300 million cash flow impact is primarily a timing issue; management expects this to reverse and normalize as supply chain volatility subsides. Inventory levels are being maintained volumetrically, but the cash impact is magnified by the higher cost of the resin being held.
Volume trends and consumer behavior in Q4
While Q4 is assumed to mirror Q3's 1.5% decline, management noted that April volumes actually looked better than that baseline. Management observes that consumers remain stretched and value-seeking, but large customers are showing a continued commitment to supporting volumes through promotional activity.
Healthcare segment performance and recovery
Healthcare volumes were slightly down due to a weak cold and flu season and U.S. storm disruptions, but the segment maintained positive mix. Management remains bullish on the category, citing new partnerships in GLP-1 drug packaging and a new coating facility in Malaysia as future drivers.
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- Stocks Rally on Tech Earnings and Hopes of a US-Iran Peace Deal
May 6, 2026
The S&P 500 Index ($SPX) (SPY) today is up +0.76%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.94%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.19%. June E-mini S&P futures (ESM26) are up +0.81%, and June E-mini Nasdaq futures (NQM26) are up +1.23%.
Stock indexes are soaring today, with the S&P 500 and Nasdaq 100 posting new all-time highs. A wave of blockbuster earnings results from chipmakers and AI-infrastructure stocks is propelling stocks higher today and has bolstered optimism that the relentless pace of investment in artificial intelligence will continue. Advanced Micro Devices is up more than +16% after data center spending boosted its full-year sales forecast, and Super Micro Computer is up more than +17% after reporting improved margins and giving a solid profit forecast. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks extended their gains as crude oil prices plunged and bond yields tumbled on optimism that the US and Iran are nearing a peace deal. The US believes it's close to an agreement with Iran to end the war, and President Trump suspended a military initiative to guide stranded ships through the Strait of Hormuz and said, "Great progress has been made toward a complete and final agreement with representatives of Iran." He added that a US blockade of ships transiting to and from Iranian ports would "remain in full force and effect" until a deal is agreed to. Crude prices fell to a 2-week low, and the 10-year T-note yield fell to a 1-week low of 4.33%
Axios reported that the US and Iran are working on a one-page memorandum of understanding that, if Iran accepts it, will lead to the gradual reopening of the Strait of Hormuz and the lifting of the US blockade on Iranian ports. Nothing has yet been agreed upon, and detailed negotiations on Iran’s nuclear program will come later in the process. Also, China's top diplomat, Foreign Minister Wang Yi, called for the swift reopening of the Strait of Hormuz during a meeting with his Iranian counterpart, Abbas Arachchi, in Beijing today.
Stocks maintained their gains on the Fed-friendly Apr ADP employment change report that showed US companies added 109,000 jobs, below expectations of 120,000.
WTI crude oil prices (CLM26) plummeted more than -5% today to a 2-week low after Axios reported that the US believes it’s close to an agreement with Iran to end the nearly 10-week war. The US sees Iran responding within 48 hours to a one-page memorandum of understanding to end the war, which would include both sides lifting restrictions on the Strait of Hormuz. The strait remains essentially closed, as about a fifth of the world’s oil and liquefied natural gas transits through the strait. Goldman Sachs estimates that the current disruption has drawn down nearly 500 million bbl from global crude stockpiles, with the drawdown potentially reaching 1 billion bbl by June.
The markets are discounting a 6% chance of a -25 bp FOMC rate cut at the next FOMC meeting on June 16-17.
Earnings results thus far this reporting season have been supportive of stocks. As of today, 84% of the 375 S&P 500 companies that reported Q1 earnings have beaten estimates. Q1 S&P 500 earnings are projected to climb +12% y/y, according to Bloomberg Intelligence. Stripping out the technology sector, Q1 earnings are projected to increase around +3%, the weakest in two years.
Overseas stock markets are higher today. The Euro Stoxx 50 climbed to a 2.5-week high and is up sharply by +2.43%. China's Shanghai Composite rallied to a 2-month high and closed up +1.17%. Japan's Nikkei Stock Average did not trade, with markets in Japan closed for a National holiday.
Interest Rates
June 10-year T-notes (ZNM6) today are up by +13 ticks. The 10-year T-note yield is down -6.3 bp to 4.361%. Jun T-notes rallied to a 1-week high today, and the 10-year T-note yield fell to a 1-week low of 4.331%. T-notes are climbing today on the heels of a -5% plunge in crude oil prices to a 2-week low, which eases inflation expectations. The 10-year breakeven inflation rate fell to a 1-week low of 2.417% today. T-notes maintained their gains after the Apr ADP employment change came in below expectations, a dovish factor for Fed policy.
The US Treasury today said it will keep its quarterly refunding sales of government debt unchanged from last quarter at $125 billion and said it sees coupon issuance steady "at least the next several quarters.
European government bond yields are moving lower today. The 10-year German Bund yield fell to a 2-week low of 2.963% and is down -7.2 bp to 2.991%. The 10-year UK gilt yield fell to a 1.5-week low of 4.905% and is down -12.5 bp to 4.936%.
Eurozone Mar PPI rose +2.1% y/y, stronger than expectations of 1.8% y/y and the fastest pace of increase in a year.
The Eurozone Apr S&P composite PMI was revised upward by +0.2 to 48.8 from the previously reported 48.6.
Swaps are discounting a 77% chance of a +25 bp ECB rate hike at its next policy meeting on June 11.
US Stock Movers
Advanced Micro Devices (AMD) is up more than +16% to lead gainers in the Nasdaq 100 and lead chip makers and AI-infrastructure stocks higher after reporting Q1 revenue of $10.25 billion, better than the consensus of $9.89 billion, and forecasting Q2 revenue of $10.90 billion to $11.50 billion, well above the consensus of $10.52 billion. Super Micro Computer (SMCI) is up more than +17% to lead gainers in the S&P 500 after forecasting Q4 net sales of $11.0 billion to $12.5 billion, the midpoint well above the consensus of $11.16 billion. Also, ARM Holdings Plc (ARM) is up more than +10%, and Lam Research (LRCX) is up more than +7%. In addition, Applied Materials (AMAT), ASML Holding NV (ASML), and Qualcomm (QCOM) are up more than +4%, and KLA Corp (KLAC) is up more than +3%.
Airline stocks and cruise line operators are climbing today, with WTI crude oil sinking more than -5% to a 2-week low, which lowers fuel costs and boosts the profitability prospects for the companies. United Airlines Holdings (UAL), Alaska Air Group (ALK), Carnival (CCL), and Royal Caribbean Cruises Ltd (RCL) are up more than +5%, and Delta Air Lines (DAL) and Norwegian Cruise Line Holdings (NCLH) are up more than +4%. Also, American Airlines Group (AAL) and Southwest Airlines (LUV) are up more than +3%.
Mining stocks are rallying today with gold, silver, and copper prices surging. Hecla Mining (HL) is up more than +10%, and Coeur Mining (CDE) and Anglogold Ashanti (AU) are up more th +7%. Also, Southern Copper (SCCO) and Barrick Mining (B) are up more than +5%, and Newmont Corp (NEM) and Freeport McMoRan (FCX) are up more than +4%.
Energy producers and service providers are retreating today, with crude oil prices tumbling more than -5% to a 2-week low. Devon Energy (DVN) is down more than -6%, and APA Corp (APA) and Occidental Petroleum (OXY) are down more than -5%. Also, Diamondback Energy (FANG), Valero Energy (VLO), and Phillips 66 (PSX) are down more than -4%, and Chevron (CVX) is down more than -3% to lead losers in the Dow Jones Industrials. In addition, ConocoPhillips (COP), Exxon (XOM), Halliburton (HAL), and Marathon Petroleum (MPC) are down more than -3%.
Flex Ltd (FLEX) is up more than +31% after reporting Q4 net sales of $7.48 billion, better than the consensus of $6.94 billion, and forecasting 2027 revenue of $32.3 billion to $33.8 billion, well above the consensus of $29.15 billion.
DaVita (DVA) is up more than +17% after reporting Q1 total revenue of $3.42 billion, better than the consensus of $3.34 billion and forecasting full-year adjusted EPS continuing operations of $14.10 to $15.20, the midpoint well above the consensus of $14.11.
CVS Health (CVS) is up more than +9% after raising its full-year adjusted EPS forecast to $7.30 to $7.50 from a prior forecast of $7.00 to $7.20, stronger than the consensus of $7.12.
Uber Technologies (UBER) is up more than +6% after reporting Q2 gross bookings of $53.72 billion, above the consensus of $52.92 billion.
Oscar Health (OSCR) is up more than +2% after reporting Q1 adjusted Ebitda of $727.1 million, well above the consensus of $435.7 million.
Primoris Services (PRIM) is down more than -43% after reporting Q1 revenue of $1.56 billion, well below the consensus of $1.73 billion.
TransMedics Group (TMDX) is down more than -20% after reporting Q1 adjusted diluted earnings per share of 30 cents, well below the consensus of 59 cents.
CDW Corp (CDW) is down more than -19% to lead losers in the S&P 500 after reporting Q1 adjusted EPS of $2.28, weaker than the consensus of $2.30.
Coupang (CPNG) is down more than -11% after reporting a Q1 gross profit margin of 27%, below the consensus of 27.9%.
Earnings Reports(5/6/2026)
Albemarle Corp (ALB), Amcor PLC (AMCR), APA Corp (APA), Apollo Global Management Inc (APO), AppLovin Corp (APP), Atmos Energy Corp (ATO), Axon Enterprise Inc (AXON), Bio-Techne Corp (TECH), CDW Corp/DE (CDW), Cencora Inc (COR), CF Industries Holdings Inc (CF), Coherent Corp (COHR), CVS Health Corp (CVS), DoorDash Inc (DASH), Eversource Energy (ES), Exelon Corp (EXC), Fortinet Inc (FTNT), Global Payments Inc (GPN), Host Hotels & Resorts Inc (HST), Insulet Corp (PODD), Johnson Controls International (JCI), Kraft Heinz Co/The (KHC), Marriott International Inc/MD (MAR), MetLife Inc (MET), NiSource Inc (NI), NRG Energy Inc (NRG), PTC Inc (PTC), Realty Income Corp (O), Texas Pacific Land Corp (TPL), TKO Group Holdings Inc (TKO), Trimble Inc (TRMB), Uber Technologies Inc (UBER), Walt Disney Co/The (DIS), Warner Bros Discovery Inc (WBD). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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- AMCR Q3 Earnings Meet Estimates, Sales Beat on Berry Acquisition
May 6, 2026
Amcor plc AMCR has delivered third-quarter fiscal 2026 adjusted earnings of 96 cents per share, up 6% year over year and in line with the Zacks Consensus Estimate. Reported net sales climbed 77% from the year-ago quarter to $5.91 billion and beat the consensus mark of $5.69 billion.
Results reflected the first full year of the Berry combination and continued integration progress, including $77 million of acquisition synergies in the quarter, along with cost and productivity actions that supported profitability.
Amcor PLC Price, Consensus and EPS Surprise
Amcor PLC price-consensus-eps-surprise-chart | Amcor PLC Quote
AMCR’s Margins Improve Despite Integration Costs
Profitability advanced meaningfully in the quarter as adjusted EBITDA rose to $892 million from $477 million in the prior-year quarter, translating to a 15.1% margin, up from 14.3% a year ago. Adjusted EBIT increased to $687 million from the prior-year quarter’s $384 million, with the adjusted EBIT margin increasing to 11.6%, highlighting better mix and execution across the combined platform.
The top line was primarily shaped by acquisition-driven expansion. On a constant-currency basis, net sales grew 70% year over year, including $2.4 billion of acquired sales net of divestments, while raw material pass-through had no material impact on consolidated revenues.
Underlying demand remained pressured. Amcor estimated that volumes were 1.5% lower than estimated combined volumes for the legacy Amcor and legacy Berry businesses in the prior-year quarter (excluding non-core and divested businesses). Price/mix was described as having no material impact on net sales.
Amcor’s Flexibles Segment Gains From Scale Benefits
Global Flexible Packaging Solutions posted net sales of $3.25 billion, up 35% on a reported basis and 29% in constant currency. Our sales projection for the Global Flexible Packaging Solutions segment was $3.4 billion. Adjusted EBIT increased to $452 million from the prior-year quarter’s $343 million, lifting segment profitability.
The company cited higher volumes in pet food and protein, offset by softer demand in healthcare and other nutrition. Regional trends were also mixed, with volumes lower across North America and Europe and higher across Asia. The segment’s profit improvement reflected integration benefits, productivity and cost performance, partly offset by the volume backdrop.
AMCR’s Rigids Segment Absorbs Weather Disruptions
Global Rigid Packaging Solutions generated net sales of $2.66 billion, up 187% year over year on a reported basis and 174% in constant currency, again reflecting the enlarged portfolio following the Berry deal. We expected sales for the quarter to be $2.3 billion. Adjusted EBIT rose to $276 million, marking a significant increase from the prior-year quarter’s $70 million.
However, the company highlighted an estimated $25-million impact of U.S. storms within the segment, which tempered the results even as synergy capture and cost initiatives supported profitability in the combined footprint.
Story Continues
Amcor’s Balance Sheet Updates
As of March 31, 2026, Amcor had $1.59 billion in cash and cash equivalents compared with $0.83 billion as of June 30, 2025. The company generated $556 million of cash in operating activities in the first nine months of fiscal 2026 compared with $276 million in the year-ago comparable period, while net debt stood at $14.27 billion at the quarter-end. The board also declared a quarterly dividend of 65 cents per share.
AMCR Lowers EPS & Free Cash Flow View
AMCR has updated its fiscal 2026 outlook, guiding adjusted earnings of $3.98-$4.03 per share, lower than the prior stated $4.00-$4.15. The company also reduced its free cash flow forecast to $1.5-$1.6 billion from the previously mentioned $1.8-$1.9 billion, citing a shift toward higher inventory levels at higher costs to protect customer service levels amid Middle East conflict-related supply considerations.
Amcor’s Zacks Rank
Amcor currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AMCR’s Price Performance
In the past year, AMCR shares have lost 12.5% compared with the industry’s 6.6% fall.Zacks Investment Research
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Quarterly Performances of Other Packaging Stocks
Sonoco Products Company SON delivered adjusted earnings of $1.20 per share in the first quarter of fiscal 2026, topping the Zacks Consensus Estimate of $1.19 by 0.84%. The figure declined 13% from $1.38 in the year-ago quarter.
Sonoco’s net sales were $1.68 billion, declining 1.9% year over year and lagging the Zacks Consensus Estimate of $1.71 billion by 1.95%. Pricing actions and productivity were key offsets to softer volume/mix during the quarter. SON’s top line dipped from the prior-year period due to the absence of sales from the ThermoSafe temperature-assured packaging business, which was divested in November 2025.
Packaging Corporation of America PKG posted adjusted earnings of $2.40 per share in the first quarter of 2026, up 3.9% from $2.31 a year ago. Packaging Corp’s results beat the Zacks Consensus Estimate of earnings $2.17 by 10.6%.
Net sales rose 10.6% year over year to $2.37 billion but missed the consensus mark of $2.41 billion by 1.9%. Favorable pricing and mix, along with lower fiber costs, supported Packaging Corp’s results, though special items weighed on reported profitability.
Avery Dennison Corporation AVY registered adjusted earnings of $2.47 per share for the first quarter of 2026, rising 7.4% from the year-ago period and beating the Zacks Consensus Estimate of $2.41. Avery Dennison’s revenues were $2.298 billion, growing 7% year over year and surpassing the consensus mark of $2.271 billion by 1.2%.
Sales advanced 2.3%, excluding currency, as a 4.7% foreign-currency headwind weighed on reported growth. Organic sales increased 1.1%, while acquisitions were a 1.2% drag on the quarter’s growth bridge.
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- Here's What Key Metrics Tell Us About Amcor (AMCR) Q3 Earnings
May 6, 2026
For the quarter ended March 2026, Amcor (AMCR) reported revenue of $5.91 billion, up 77.4% over the same period last year. EPS came in at $0.96, compared to $0.90 in the year-ago quarter.
The reported revenue represents a surprise of +3.81% over the Zacks Consensus Estimate of $5.7 billion. With the consensus EPS estimate being $0.96, the EPS surprise was -0.19%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Amcor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Global Flexible Packaging Solutions: $3.25 billion versus the three-analyst average estimate of $3.09 billion. The reported number represents a year-over-year change of +24.8%. Net Sales- Global Rigid Packaging Solutions: $2.66 billion versus the three-analyst average estimate of $2.41 billion. The reported number represents a year-over-year change of +265.9%. Adjusted EBIT- Global Flexible Packaging Solutions: $452 million versus the three-analyst average estimate of $479.54 million. Adjusted EBIT- Global Rigid Packaging Solutions: $276 million versus the three-analyst average estimate of $265.91 million. Adjusted EBIT- Other: $-42 million compared to the $-24.57 million average estimate based on two analysts.
View all Key Company Metrics for Amcor here>>>
Shares of Amcor have returned -3.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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