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Mar 31, 2022
Amcor Q3 2022 Earnings Report
Amcor reported strong financial results and raised fiscal 2022 EPS guidance.
Key Takeaways
Amcor reported a strong financial result for the March quarter, with net sales up 16% and adjusted EPS up 15% on a comparable constant currency basis. The company has raised its fiscal 2022 adjusted EPS growth guidance to 9.5-11%.
March quarter net sales up 16%; Up 5% on a comparable constant currency basis
March quarter GAAP EPS up 3%; Adjusted EPS up 15% on a comparable constant currency basis
Fiscal 2022 outlook for adjusted EPS growth raised to 9.5-11% on a comparable constant currency basis (previously 7-11%).
Adjusted Free Cash Flow of approximately $1.1 billion.
Revenue by Segment
Forward Guidance
Amcor expects adjusted EPS growth of approximately 9.5% to 11% on a comparable constant currency basis, or approximately 79.5 to 81.0 cents per share on a reported basis assuming current exchange rates prevail through fiscal 2022. Adjusted Free Cash Flow of approximately $1.1 billion. Approximately $600 million of cash to be allocated towards share repurchases in fiscal 2022.
Positive Outlook
- Adjusted EPS growth of approximately 9.5% to 11% on a comparable constant currency basis
- Adjusted EPS of approximately 79.5 to 81.0 cents per share on a reported basis assuming current exchange rates prevail through fiscal 2022.
- Adjusted Free Cash Flow of approximately $1.1 billion.
- Approximately $600 million of cash to be allocated towards share repurchases in fiscal 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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