Investing.com - Amcor reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of A$0.23 on revenue of A$3.79B. Analysts polled by Investing.com anticipated EPS of A$0.22 on revenue of A$3.74B. .
For the year, Amcor shares are up 10.64%, under-performing the S&P/ASX 200 which is up 14.82% year to date.
Amcor follows other major Basic Materials sector earnings this month
On Wednesday, August 14, 2019, Evolution Mining reported fourth quarter EPS of A$0.09 on revenue of A$753.6M, compared to forecasts of EPS of A$0.06 on revenue of A$778.38M.
Orora earnings missed analyst's expectations on Thursday, August 15, 2019, with fourth quarter EPS of A$0.13 on revenue of A$4.76B. Investing.com analysts expected EPS of A$9.00 on revenue of A$2,467M
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