Amcor reported fiscal fourth-quarter earnings and revenue above Wall Street expectations, while raising its quarterly dividend and providing transition-period guidance. Adjusted diluted earnings per share reached $1.23, beating the analyst consensus of $1.19, and revenue increased 26% year on year to $6.4 billion, exceeding expectations of $6.05 billion. Adjusted EBITDA climbed 32% to $1.045 billion, and net income reached $389 million, reversing a $39 million loss a year earlier. The company declared a dividend of $0.65 per share, up from $0.6375, and expects adjusted diluted earnings per share of between $1.80 and $1.90 for the six-month transition period ending December 31, 2026, as it shifts its fiscal year-end from June 30. Synergies from the Berry acquisition reached approximately $100 million in the quarter and $240 million for the full fiscal year, ahead of plan.
Amcor PLCBeat earnings and revenue forecasts, raised dividend, and provided guidance.
