Amcor Reports Fiscal Second-Quarter Earnings of $163 Million

WARMLEY BRISTOL, Britain (AP) - Amcor plc (AMCR) announced fiscal second-quarter profits of $163 million on Tuesday. The Warmley Bristol, Britain-based company recorded net income of 11 cents per share. Adjusted earnings reached 16 cents per share, matching Wall Street estimates. A survey by Zacks Investment Research projected earnings of 16 cents per share.

During the period, Amcor reported revenue of $3.24 billion. Since the year's beginning, AMCR shares have surged by approximately 2%, with a 1% increase over the past year.