Quarterly ResultMay 6, 2026, 06:14 AM
Amcor Q3 Net Sales $5.91B, Adj EPS $0.96; FY26 EPS Guidance $3.98-$4.03
AI Summary
Amcor plc reported solid third-quarter fiscal 2026 results with net sales of $5,914 million, a 77% increase, and adjusted diluted EPS of $0.96, up 6%, largely driven by the Berry acquisition. Year-to-date net sales rose 72% to $17,108 million, with adjusted EPS up 11% to $2.79. The company updated its fiscal 2026 adjusted EPS guidance to $3.98-$4.03, representing approximately 12% growth at the midpoint, and revised free cash flow guidance to $1.5-$1.6 billion, partly due to the Middle East conflict. A quarterly cash dividend of 65.0 cents per share was also declared.
Key Highlights
- Q3 fiscal 2026 net sales increased 77% to $5,914 million, driven by the Berry acquisition.
- Q3 fiscal 2026 adjusted diluted EPS was $0.96, a 6% increase year-over-year.
- Year-to-date net sales rose 72% to $17,108 million, with adjusted EPS up 11% to $2.79.
- Fiscal 2026 adjusted EPS guidance is $3.98 to $4.03, reflecting ~12% growth at midpoint.
- Fiscal 2026 Free Cash Flow guidance revised to $1.5-$1.6 billion from $1.8-$1.9 billion.
- Declared a quarterly cash dividend of 65.0 cents per share, up from 63.75 cents.
- Achieved $77 million in acquisition synergies in Q3, at the upper end of expectations.
- Six divestiture agreements were reached under the portfolio optimization initiative.