Amcor plc ($AMCR) Stock Forecast: Down 2.9% Today

What is Amcor plc?

AMCR is a multinational packaging company, offering various packaging solutions. The stock has displayed a bearish trend in the market today.

Why is Amcor plc going down?

AMCR stock is down 2.9% on Apr 29, 2025 15:25

• The bearish movement in AMCR could be linked to investors' dissatisfaction with the Q3 earnings, potentially because increased costs exceeded the benefits from volume growth.
• There is a possibility that the market's response to the earnings report was unfavorable, resulting in the selling of AMCR shares.
• Investors might have anticipated a more robust financial showing from AMCR in Q3, leading to a drop in the stock price.

AMCR Price Chart

AMCR Technical Analysis

AMCR News

Amcor to Report Q3 Earnings: Here's What to Expect for the Stock

AMCR Q3 earnings are expected to have gained from volume growth, offset by higher costs.

https://www.zacks.com/stock/news/2457172/amcor-to-report-q3-earnings-heres-what-to-expect-for-the-stock

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Amcor plc Price History

16.07.2024 - AMCR Stock was down 5.1%

• Amcor reported earnings per share of 21.1 cents, surpassing analyst predictions. However, its revenue of $3.54 billion fell short by 2.88%, eliciting a mixed response from investors.
• Despite a robust financial showing, the bearish trend in the market may be linked to the company's failure to meet revenue forecasts amid subdued consumer demand.
• The details from the earnings call emphasized Amcor's performance. Nonetheless, the market's negative reaction to the revenue shortfall resulted in a decline in the stock value.
• Investor sentiment towards Amcor's future prospects might be cautious, given the alignment of the earnings with estimates and the revenue falling below expectations, suggesting possible hurdles for the stock moving forward.

01.10.2024 - AMCR Stock was down 6.4%

• The downtrend in AMCR today could be linked to investors' heightened expectations for the Q1 earnings compared to the actual results.
• Despite the projected benefits from increased volumes and price adjustments, other factors like rising operational expenses or lower revenue might have influenced the stock movement.
• Market sentiment seems to have shifted, possibly reflecting concerns about future growth or broader market conditions, prompting investors to sell AMCR shares.
• Some market participants might have been anticipating more substantial positive surprises in the earnings, leading to disillusionment and the bearish turn in the stock.

16.07.2024 - AMCR Stock was down 5.1%

• The bearish movement in AMCR stock today could be attributed to the mixed results in the fourth quarter of 2024, with sales missing analyst consensus despite modestly beating earnings.
• Analysts raising their forecasts after the earnings report may have sparked concerns about the company's ability to maintain growth amid tepid consumer demand.
• The market's response suggests that investors might be wary of Amcor's performance in fiscal 2025, particularly in light of the discrepancy between earnings and sales figures in the latest announcement.

04.01.2025 - AMCR Stock was up 6.3%

• Q2 earnings for Amcor (AMCR) were in line with estimates and revealed a 5.79% revenue surprise, demonstrating strong financial performance.
• Anticipated earnings growth in both company segments has fueled the bullish trend in the stock.
• Investors show optimism for Amcor's future based on strong Q2 earnings results and volume growth.
• The market's confidence in Amcor's consistent financial performance and growth in its packaging solutions business is reflected in the stock's positive movement.

04.01.2025 - AMCR Stock was up 5.1%

• Amcor's Q2 earnings meeting estimates and reflecting improved volumes despite other unfavorable impacts suggests resilience and efficiency in managing challenges.
• The revenue surprises and expectations of earnings growth from volume increases indicate a positive outlook for the company's performance.
• The market reacted positively to the company's ability to navigate through external factors and maintain steady growth, leading to the bullish movement in the stock.

11.03.2025 - AMCR Stock was up 5.2%

• Amcor (AMCR) saw a 5.3% increase in its stock price, indicating strong bullish momentum.
• The elevated trading volume signifies growing investor interest and confidence in the company.
• Despite the upbeat movement, there are hints at potential constraints on the stock's upward journey due to recent trends in earnings estimate revisions.
• The bullish activity might be due to positive market sentiment towards the packaging industry or specific company news that has boosted investor trust.

01.10.2024 - AMCR Stock was down 9.1%

• AMCR's Q1 earnings met estimates, but with a 2.6% decrease in revenues year over year likely contributed to the bearish movement.
• The 1% unfavorable impact of foreign exchange and the pass-through of lower raw material costs might have raised concerns among investors.
• Despite expectations of earnings growth from increased volumes and price mix, the market reaction to the revenue decline seems to have overshadowed these positive aspects, leading to the bearish movement.

19.10.2024 - AMCR Stock was down 1.0%

• Concerns may have arisen among investors regarding the partnership between Amcor and Power Roll to deliver solar photovoltaic film, potentially seen as a move into a new and uncertain market.
• The market's negative reaction to this new venture's success and profitability uncertainty could have prompted a sell-off of AMCR shares.
• Investors may view this diversification as a departure from Amcor's primary business, leading to doubts about the company's future earnings potential, thereby influencing the stock's bearish movement.

10.06.2023 - AMCR Stock was down 3.0%

• AMCR had a strong bearish movement today.
• The article does not provide any specific information about AMCR or the overall market.
• Therefore, it is difficult to pinpoint the exact cause of the bearish movement in AMCR.
• It is possible that there may be other factors, such as company-specific news or market sentiment, that influenced the bearish movement.

08.01.2024 - AMCR Stock was down 3.9%

• The bearish movement in AMCR's stock can be attributed to the following factors:
• 1. Weak Q2 Earnings: Amcor's fiscal second-quarter earnings fell below expectations, with a decrease in revenues compared to the previous year. This decline in earnings indicates a weakness in demand and customer destocking, which likely contributed to the bearish market movement.
• 2. Profit Retreat: Amcor reported a decrease in profit for the fourth quarter, further adding to the negative sentiment surrounding the stock. The decline in profitability could have influenced investors to sell their holdings, leading to the bearish movement.
• 3. Impact of Consumer Spending and Destocking: Amcor's second-quarter results were expected to reflect the impacts of muted consumer spending and destocking on its volumes and costs. These factors could have contributed to the bearish market movement as investors may have perceived potential challenges for the company in the near term.
• Overall, the bearish movement in AMCR's stock today can be attributed to weak earnings, a decline in profitability, and concerns about consumer spending and destocking.

01.06.2024 - AMCR Stock was down 1.4%

• Market Movement: Bearish
• The focus on high-yielding Dividend Aristocrats may have shifted investor attention away from growth stocks like AMCR, leading to a bearish movement.
• Investors seeking passive income through dividend stocks may have reallocated their investments, causing a decline in demand for growth-oriented companies like Amcor Plc.
• The market sentiment favoring income-generating assets during the summer season could have contributed to the bearish movement in AMCR as investors repositioned their portfolios towards dividend-paying stocks.

29.03.2025 - AMCR Stock was down 2.9%

• The bearish movement in AMCR could be linked to investors' dissatisfaction with the Q3 earnings, potentially because increased costs exceeded the benefits from volume growth.
• There is a possibility that the market's response to the earnings report was unfavorable, resulting in the selling of AMCR shares.
• Investors might have anticipated a more robust financial showing from AMCR in Q3, leading to a drop in the stock price.