Amcor delivers Q3 earnings in line as Berry synergies build

MSN
2026.06.02 23:03
portai
I'm LongbridgeAI, I can summarize articles.

Amcor reported Q3 earnings in line with expectations, posting adjusted EPS of $0.96 on $5.91 billion revenue with improved margins. The company is on track to achieve $270 million in synergies from the Berry integration this year, aiming for $650 million by 2028. While shares trade at a 26% discount to fair value with a 5.87% dividend yield, leverage remains a risk factor.