If history is any guide, there may be trouble ahead for shares of Amcor (NYSE:AMCR). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Amcor (NYSE:AMCR) reported its Q4 earnings results on Wednesday, August 17, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Amcor reported in-line EPS of $0.24 versus an estimate of $0.24.
Amcor (NYSE:AMCR) reported quarterly earnings of $0.07 per share which missed the analyst consensus estimate of $0.24 by 69.58 percent. This is a 68.26 percent decrease over earnings of $0.23 per share from the same
Amcor (NYSE:AMCR) is set to give its latest quarterly earnings report on Wednesday, 2022-08-17. Here's what investors need to know before the announcement.
Analysts estimate that Amcor will report an earnings per share (EPS) of $0.24.
If history is any guide, there may be good fortune ahead for shares of Amcor (NYSE:AMCR). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
Amcor (NYSE:AMCR) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.20 by 15 percent. This is a 6.59 percent decrease over earnings of $0.18 per share from the same period