Amcor plc (AMCR) earnings on May 6, 2026
Prior outlook: Pessimistic Outcome: Missed
AMCR fell after reporting weaker earnings and lowering its outlook. The stock briefly rose but closed lower, as analysts expected.
AMCR price around the earnings
39.09
Change: -2.7%
2026-05-07, 23:44 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
Negative outlook: earnings miss, lowered forecast, weak performance.
Despite beating sales expectations, the company's earnings fell short and they lowered their future profit forecast. The stock's recent performance shows it's not keeping pace with the broader market.
Context analyzed before publication
- Summary
- Negative outlook: earnings miss, lowered forecast, weak performance.
- Playbook
- Given the missed earnings and reduced outlook, the scenario suggests a need for stabilization before a potential investment. The stock's current underperformance points to a cautious perspective.
- Trend
- Weak momentum after earnings miss and guidance cut.
Analysts
Drivers
-
Analysts
Positive
Several analysts maintain a buy rating with price targets pointing to an optimistic scenario.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.75
- Analysts covering the stock
- 11
- Average price target
- 51.13
- Lowest price target
- 43
- Highest price target
- 60
- Upside to price target
- 26.1%
- Quarterly earnings growth
- 8.6%
- Revenue growth
- 68.1%
- Forward EPS
- 4.36
- Trailing EPS
- 1.33
- Analyst moves in the last 60 days
- 3
- Strong buy: 1
- Buy: 7
- Hold: 4
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 7
- Hold
- 4
- Sell
- 0
- Strong sell
- 0
- April 15, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- April 1, 2026 · Deutsche Bank: Initiates coverage (Hold → Buy)
- March 20, 2026 · Wells Fargo: Downgrades rating (Overweight → Equal-Weight)
News and sentiment
Drivers
-
News & sentiment
Negative
The company reduced its earnings forecast for the year and missed earnings expectations last quarter.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- Amcor Lowers FY2026 Adj EPS Guidance from $4.00-$4.15 to $3.98-$4.03 vs $3.96 Est — Benzinga
- Amcor Q3 Adj. EPS $0.96 Misses $0.97 Estimate, Sales $5.914B Beat $5.689B Estimate — Benzinga
- Closure Systems International Acquires Two Beverage Closure Compression Molding Sites From Amcor In Pennsylvania, Mississippi; Financial Terms Undisclosed — Benzinga
- Truist Securities Maintains Buy on Amcor, Lowers Price Target to $50 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock is significantly underperforming the market, showing weak recent price trends.
Evidence
- Average true range (ATR)
- 3.6%
- Distance to 52-week high
- -20.4%
- 14-day change (14d)
- -3.3%
- 30-day change
- -0.0%
- 30-day relative strength
- -12.0%
- Benchmark change
- +12.0%
- Nearest support
- 36.67
- Nearest resistance
- 42.49
- Volume accumulation ratio
- 0.82
Trends
Evidence
- Average earnings surprise
- -2.6%
- May 6, 2026: actual EPS 0.6 vs estimate 0.67 (surprise -10.5%)
- February 3, 2026: actual EPS 0.86 vs estimate 0.84 (surprise +2.5%)
- November 5, 2025: actual EPS 0.97 vs estimate 0.92 (surprise +4.9%)
- August 14, 2025: actual EPS 1 vs estimate 1.08 (surprise -7.2%)
Expected move
Drivers
-
Past earnings
Negative
The company has a history of weak earnings surprises, often falling short of estimates.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.7%
- 75th percentile move
- 8%
- 90th percentile move
- 9.7%
- Up / down moves
- 9 / 10
- Average up move
- +4.4%
- Average down move
- -5.0%
Monitoring and close
What Amcor plc reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -0.7%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 1.6%